Melbourne Mercer Global Pension Index 2019 (MMGPI)
By Mercer, Monash University, MELBOURNE
Ageing populations continue to be a significant issue for many economies as we are living longer and fertility rates continue to decline. Pension systems are becoming more important than ever as households want to maintain their living standards throughout retirement.
But how is this possible, especially within the economic environment of low interest rates and reduced economic growth?
There are implications for employers, employees, governments, as well as the pension funds. Pension reform is being considered in many countries, but will this be enough? It’s important that we learn together and understand what best practice looks like, both now and into the future. Now in its 11th year, the Melbourne Mercer Global Pension Index (MMGPI) has expanded to cover 37 retirement income systems, representing more than 63 per cent of the world’s population. The report benchmarks each retirement income system using more than 40 indicators.
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