India’s Pension System among the lowest globally, says Mercer CFA Report
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New Delhi: India’s pension system has been ranked among the lowest in the world, according to the Mercer CFA Institute Global Pension Index 2025. The country received a ‘Grade D’, placing it alongside Turkey, Argentina, and the Philippines - nations that, the report said, have “some desirable features but major weaknesses that need urgent attention.”
India’s overall index value slipped slightly from 44 in 2024 to 43.8 in 2025. The ranking evaluated 52 countries across three parameters, adequacy (40%), sustainability (35%), and integrity (25%). India received Grade E for adequacy, and Grades D and C for sustainability and integrity, respectively.
The report recommended the introduction of a minimum income floor for the poorest elderly citizens, expansion of pension coverage to informal sector workers, and a long-term strategy to build pension assets to improve India’s performance.
India’s low assets-to-GDP ratio was identified as a key concern. The Economic Survey 2024–25 noted that India’s total pension assets account for only 21% of the GDP, compared to over 80% in OECD countries.
In contrast, Singapore entered the top tier of the global pension index for the first time by earning Grade A. The Netherlands retained its position as the top-ranked country, followed by Iceland, Denmark, and Israel.
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Mercury likely to touch 44 deg C in Delhi; IMD issues alert for heatwave-like conditions
New Delhi (PTI): Delhi recorded a minimum temperature of 26.2 degrees Celsius on Sunday, 2.4 notches below the seasonal average, according to the India Meteorological Department.
The weather department has forecast partly cloudy sky with an orange alert for heatwave-like conditions at isolated places by the evening.
The maximum temperature is expected to reach around 44 degrees Celsius on Sunday, the IMD said.
The relative humidity in the capital was recorded at 43 per cent at 8.30 am.
The air quality was 'poor' at 9 am, with an Air Quality Index (AQI) reading of 223, Central Pollution Control Board (CPCB) data showed.
According to the CPCB, an AQI between zero and 50 is considered 'good', 51 and 100 'satisfactory', 101 and 200 'moderate', 201 and 300 'poor', 301 and 400 'very poor', and 401 and 500 'severe'.
