The Mercer CFA Institute Global Pension Index benchmarks 52 retirement income systems worldwide, spotlighting both challenges and opportunities for policymakers and investors. This year’s index expands with Kuwait, Namibia, Oman, and Panama added, incorporates updated OECD data, and introduces new integrity measures for sharper insights. Systems are assessed across three pillars, adequacy, sustainability, and integrity, using more than 50 indicators. In 2025, the Netherlands, Iceland, Denmark, Singapore and Israel all achieved coveted A-grades, with Singapore making history as the first Asian country to reach that standard. With eight upgrades and no downgrades, the results signal a long-term trend of strengthening resilience in pension systems globally.
Each year, the index also features a deep dive into a topical issue. In 2025, the focus is on the delicate balance governments face when encouraging private pension funds to invest in areas of national priority, raising important questions at the intersection of policy and retirement security.
Download the report below to discover more about the analysis and your pension system.