5 Countries with Best Retirement Systems

This article takes a look at the 5 countries with the best retirement systems. If you prefer to check out our detailed analysis of the challenges in global retirement and how to navigate them, you may go to 20 Countries with the Best Retirement Systems.

5. Switzerland

Average Ranking: 6.5

Natixis Global Retirement Index Rank: 2^nd

Mercer CFA Institute Global Pension Index Rank: 11^th

The Swiss retirement income system comprises an earnings-related public scheme with a minimum pension, a mandatory occupational pension system where the contribution rates increase with age, as well as voluntary pension plans. The Mercer Index assigns a “B” rating to the system, urging initiatives to enhance factors such as the state pension age and home ownership rate. Meanwhile, the GRI index ranks the country in 2^nd position, owing to its strong performance in all sub-indices (health, material well-being, finance, and quality of life). A drop in unemployment rate and inflation are the top reasons the country has fared well this year.