India Ranked 41st in Global Pension Index 2022

Current Affairs

  • The Global Pension Index 2022 has been released by the Mercer CFA Institute in October, 2022. Iceland topped it for the second year in a row, while the Netherlands and Denmark were ranked second and third respectively.
  • Thailand has been ranked at the bottom. In this, India is at 41st place. America ranked 20th, while for the first time, Portugal was ranked 24th and China ranked 36th. This year it is its 14th edition.
  • The Mercer CFA Institute Global Pension Index benchmarks 44 retirement income systems around the world, highlighting challenges and opportunities within each. This year we have added Portugal to the mix, as well as using updated data from OECD and the UN World Population Prospects 2022.
  • The index is made up of three sub-indices – adequacy, sustainability and integrity – to measure each retirement income system against more than 50 indicators. This year’s feature chapter unpacks the challenging defined contribution (DC) equation of converting a DC lump sum into a good outcome for retirees. 

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