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Indian Economy

India has been ranked 28 out of the 30 countries under review in the Melbourne Mercer Global Pension Index 2017, which was topped by Denmark for the sixth straight year.

India’s overall index value increased from 43.4 in 2016 to 44.9 in 2017 and its pension system is found more sustainable than Poland, Germany, France, Japan, Italy, Austria, Brazil, China and Argentina.

“The increase in value under the integrity sub—index from 53.4 to 55.1 is a reflection of Government of India’s continued efforts to improve the transparency and member experience in various schemes,” Preeti Chandrashekhar, India Business Leader — Retirement, Health and Benefits, Mercer said.

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