India has taken several steps to strengthen its pension system in recent years, but the latest Mercer CFA Institute Global Pension Index 2025 report shows that there is still a long way to go.
This year, India ranked last out of 104 countries in the Global Pension Index. India’s overall score was 43.8 — showing that the country’s pension system is still in its infancy compared to developed countries.
Where does India stand compared to the top countries?
According to the report, the Netherlands, Iceland and Denmark ranked among the top three countries in the world this year. Based on their index score and ranking, these three countries, along with, Singapore and Israel have been place in Grade A.
Mercer CFA Institute Global Pension Index 2025 report has divided the countries into 5 grad