In 2024, Singapore's pension system ranked first in the Asia-Pacific region, scoring 78.7 index points. In contrast, India's pension system was graded 44 points, representing the poorest system among selected countries and territories in the region.
Global pension index in the Asia-Pacific region as of October 2024, by selected country or territory
The index evaluates 48 retirement income systems worldwide using more than 50 indicators across three categories: adequacy, sustainability, and integrity. Each category is weighted at 40 percent, 35 percent, and 25 percent, respectively.
Pension systems are graded on a scale from 0 to 100, with higher scores indicating stronger, more sustainable systems.
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Mercer. (October 14, 2024). Global pension index in the Asia-Pacific region as of October 2024, by selected country or territory [Graph]. In Statista. Retrieved November 13, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1498673/apac-pension-system-index-by-country/
Mercer. "Global pension index in the Asia-Pacific region as of October 2024, by selected country or territory." Chart. October 14, 2024. Statista. Accessed November 13, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1498673/apac-pension-system-index-by-country/
Mercer. (2024). Global pension index in the Asia-Pacific region as of October 2024, by selected country or territory. Statista. Statista Inc.. Accessed: November 13, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1498673/apac-pension-system-index-by-country/
Mercer. "Global Pension Index in The Asia-pacific Region as of October 2024, by Selected Country or Territory." Statista, Statista Inc., 14 Oct 2024, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1498673/apac-pension-system-index-by-country/
Mercer, Global pension index in the Asia-Pacific region as of October 2024, by selected country or territory Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1498673/apac-pension-system-index-by-country/ (last visited November 13, 2024)
Global pension index in the Asia-Pacific region as of October 2024, by selected country or territory [Graph], Mercer, October 14, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1498673/apac-pension-system-index-by-country/