WORKERS CAPITAL

Singapore's CPF scores big in global pension index

Yahoo News Singapore
Updated Sun, November 3, 2024 

Singapore's Central Provident Fund (CPF) system ranks fifth globally, scoring 78.7 in the Mercer CFA Institute Global Pension Index, highlighting its effectiveness and robust framework

In a world where many countries struggle to secure retirement for their citizens, Singapore shines brightly. Ranking fifth in the world, the Central Provident Fund (CPF) ensures citizens can save adequately for their golden years, according to the latest Mercer CFA Institute Global Pension Index. With a score of 78.7, Singapore's pension system is a beacon of hope for retirees. The CPF offers a strong structure that ensures adequacy, sustainability, and integrity. Challenges remain as the population ages, necessitating ongoing reforms and education. 

MERCER REPORT ON GLOBAL PENSIONS

More on how the CPF leads the way in retirement security here.