Who's Lagging Behind: Countries with the Worst Pension Systems Named.

The Netherlands confirmed its status as the country with the best pension system in the world according to the annual Mercer CFA Institute global pension index, reports Bloomberg.

Iceland, Denmark, and Israel are also at the top of the ranking with the highest score of A among the 48 evaluated countries.

The report highlights global demographic challenges affecting pension systems, confirmed by increasing life expectancy, declining birth rates, high interest rates, and rising healthcare costs.

"We simply aren't having children and are living longer. If you combine the aging population and fewer taxpayers with government debt and expectations of state pensions, something has to give somewhere," said one of the report's authors, David Knox.

The US ranks 29th in the ranking, the UK 11th, and Japan 36th. Meanwhile, India found itself at the bottom with a D rating, trailing behind South Africa, Turkey, the Philippines, and Argentina. Australia, known for its pension system, fell to sixth place, overtaken by Singapore.

In the global pension system ranking, China is in 31st place, but recent pension system reforms in this country weren't considered in the current index.

Additionally, Mexico, India, and France have made adjustments to their pension systems.

Reminder: The PFC showed how the size of Ukrainian pensions changed in 2024.