Retirement and Pension Systems Compared Globally

 

 The Mercer CFA Institute Global Pension Index 2021 results, which compares global retirement income systems affecting 5.1 billion or 65% of the global population, has been analyzed and published. Three countries of the forty-three examined earned the grade of “A”, described as “a robust retirement income system that delivers good benefits and is sustainable with a high level of integrity” (Mercer, 2021, p. 5).

The highest scoring was Iceland [84.2], followed by the Netherlands [83.5], and Denmark [82]. While none of the systems earned a failing grade of “E,” eight countries earned a “D” grade including Japan, Mexico, South Korea, Turkey, India, Philippines, Argentina, and Thailand. The scores were earned by a rubric fifty indicators [overall score] and three sub-index values including adequacy, sustainability, and integrity.

References:

Mercer/CFA Website, Global Pension Index 2021. At the bottom of this link, there are three documents for download:

Global Pension Index 2021

Report Highlights

Gender Pension Gap Report

https://www.mercer.com/our-thinking/global-pension-index-2021.html