These are the countries with the best and worst pensions (chart) | Economy news

Employees should reconsider their options the retirement them, according to the latest research. This year’s index Mercer CFA Institute’s Global Pension Index indicates that Iceland, the Netherlands and Denmark took the top three In the list of the best pensions in the world. However, according to a Mercer analyst report, The retirement age should be raised Almost all over the world to compensate for the problems of aging population, increasing public debt and declining birth rates.

“Due to the increase in the education level of young professionals, workers are entering the labor market later,” Mercer executive noted, David Knoxin a recent interview, adding that “employees cannot enter Labor market Later, retire early and live longer. Something has to change and that’s the limit of their retirement.”

The current macroeconomic environment of low wage growth, increase inflation The survey showed that declining investment returns increase the financial pressure on pension funds.

Pension systems in the top three countries on the list are characterized by increased sustainability and good governance, with a healthy diversity between public and private pension funds and a “high level of integrity,” the report asserts.

The United States ranked 20th out of 44 countries on the list, while Portugal ranked 24th, Mexico 29th, and China ranked 36th. The last quartet consists of Thailand, Philippines, Argentina and India Which, according to Mercer, has significant weaknesses that need to be addressed.

according to his estimation United nations As the number of newborns around the planet decreases, the proportion of people over the age of 65 will increase From 9.7% this year to 16.4% in 2050. The retirement age was among the countries listed among 55 and 68 general, although Knox stressed that governments should encourage citizens to “To work a little longer».

Mercer report highlights The importance of hiring older professionalsWhich will increase their savings and reduce the burden on the pension system.

Read more

With deviations 2 out of 10 fast track pensions

Top 10 Expensive Greek Wines That Are Worth Their Money

How do you coordinate your biological clock?