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Pension System in India Witnessing Steady Growth: Report
October 24, 2017
India secured the 28th rank on the Mercer Global Pension Index 2017 that reviewed a total of 30 countries and was topped by Denmark for the sixth time in a row.
As per the index, India’s index value has increased to 44.9 this year from 43.4 in 2017. Its pension system has been found to be more sustainable than other major countries like Italy, Japan, France, and Germany.
Preeti Chandrashekhar, India Business Leader- Retirement, Health and Benefits, Mercer, said that India’s National Pension System is slowly becoming more and more popular. She added that its index value should increase even further in the years to come.
