The 15th annual Mercer CFA Institute Global Pension Index revealed that India s overall retirement system ranking improved to 45.9, up from 44.5 in 2022, primarily driven by enhancements in the adequacy and sustainability sub-indices.
The Global Pension Index evaluates 47 retirement income systems worldwide, encompassing 64 per cent of the global population. In the 2023 edition of the Global Pension Index, three additional retirement income systems from Botswana, Croatia, and Kazakhstan have been incorporated.