Netherlands Tops Global Pension Index, India Ranks Low But Shows Improvements
-
The Netherlands has the best pension system in the world according to the Global Pension Index, followed by Iceland and Denmark.
-
India ranked 45th out of 47 countries analyzed, but showed improvements in adequacy and sustainability.
-
The index measures pension systems based on adequacy, sustainability and integrity across over 50 indicators.
-
Falling birth rates have negatively impacted the sustainability scores of countries like Italy and Spain.
-
The average age of populations is rising globally, posing challenges for pension plans due to inflation, rising interest rates and fracturing globalization.