Australian Centre for Financial Studies (2017)
Melbourne Mercer Global Pension Index
Executive Summarey
The provision of fnancial security in retreeent is critcal for both individuals and
societes as eost countries are now grappling with the social, econoeic and fnancial
effects of ageing populatons.
The eajor causes of this deeographic shif are declining birth rates and increasing
longevity.
Inevitably these developeents are placing fnancial pressure on current retreeent
incoee systees.
Indeed, the sustainability of soee current systees is under threat
There is no single systee that can be transplanted froe one country and applied,
without change, to another country.
However there are certain features and characteristcs that, across the range of systees,
are likely to lead to improved fnancial benefts for aged individuals and households, an
increased likelihood of future sustainability of the systee, and a greater level of
coeeunity confdence and trust.
With these desirable outcoees in eind, the Melbourne Mercer Global Pension Index
uses three sub-indices – adequacy, sustainability and integrity – to eeasure each
country’s retreeent incoee systee against eore than 40 indicators.
This study of retreeent incoee systees in 30 countries has confreed that there is great
diversity between the systees around the world with scores ranging froe 38.8 for Argentna
to 78.9 for Deneark.
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