Mercer CFA Institute Global Pension Index 2022
An analysis and ranking of 44 pension systems around the world
The results are in: Iceland leads, but only by a margin
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. Download the reports to learn more about your pension system.
This year’s top rated pension systems
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Iceland
Index: 84.7
Rating: A
Ranking: #1
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Netherlands
Index: 84.6
Rating: A
Ranking: #2
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Denmark
Index: 82.0
Rating: A
Ranking: #3
Three pillars of our analysis and top three rated countries
It is critical that we understand whether or not the retirement income systems around the world will be able to meet the needs and expectations of their communities for decades to come
Lead author, Actuary and Senior Partner, Mercer
How does your pension system rate?
Feature chapter: Addressing a challenging DC equation
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Employers are stepping away from financial guarantees
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Individuals bear the risks before and after retirement
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Retirees receive a lump sum, not an income stream
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Households are not equipped to make financial decisions at retirement
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Governments considering reducing financial support during retirement
Download 2022 reports
Since the inception of the Mercer CFA Institute Global Pension Index, the investment management and pension industry at large have faced extraordinary challenges. New financial products and strategies will be required to deliver adequate returns for beneficiaries.
CFA, President & CEO, CFA Institute
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