MELBOURNE MERCER GLOBAL PENSION INDEX (MMGPI) 2019
Oct. 30, 2019
According to the Melbourne Mercer Global Pension Index (MMGPI) 2019, India has marginally improved its ranking to 32nd position in terms of providing pension and retirement benefits to citizens compared to last year.
About:
The MMGPI, which covers 37 countries, is based on how they fare on providing pension and retirement benefits to citizens across different income groups.
India stood at 32nd position in 2019 out of 37 countries, while it was ranked at 33rd place in 2018 out of 34 countries in the list. The country’s score in the MMGPI 2019 rose to 45.8 from 44.6 last year. India’s index value increased largely due to the improvement in all three sub-indices of adequacy, sustainability and integrity.
In the overall list, the Netherlands had the highest index value (81.0), while Thailand had the lowest value (39.4).
Sub-index wise, Ireland had the highest score for adequacy (81.5), Denmark for sustainability (82.0) and Finland for integrity (92.3). Thailand scored the lowest for adequacy (35.8), Italy for sustainability (19.0) and Philippines for integrity (34.7).
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