India ranks 41st among 44 nations on pension index: As per the Mercer CFS Global Pension Index, India has been ranked 41 out of 44 countries in the index, with the index value of 44.4.
October 2022 Current Affairs Quiz
Findings: India needs to strengthen its regulatory framework and boost the coverage under private pension arrangements.
The MCGPI is a comprehensive study of 44 global pension systems, which accounts 65% of the world’s population. The survey was topped by Iceland, followed by the Netherlands and Denmark.
