Mercer index: Singapore’s CPF is the best pension system in Asia

The CPF moved up two ranks to seventh out of the 47 retirement systems that were reviewed in 2023 by pension expert Mercer. —The Straits Times

SINGAPORE: Singapore’s Central Provident Fund (CPF) has retained its top spot in Asia, according to an annual global index.

It is also the only Asian pension system among the top 10 globally in the 15th edition of the Mercer CFA Institute Global Pension Index released on Wednesday.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
CPF , Singapore , RetirementSystem , PensionSystem , GlobalPensionIndex , MercerCFAGlobalPensionIndex , Asia , HongKong , Japan

Next In Business News
Light at the end of the tunnel
Understanding the warrant of distress
Are convention halls still good investments?
Ringgit likely to trade cautiously between RM4.09 and RM4.11 vs US dollar next week
Strong momentum seen for Vietnam equities
Asset managers in risk-on mode
Rising DRAM prices may hit consumers
Asia-Pacific ratings hold firm
HK’s lure for key IPO investors
Fewer stocks spur IPO hunt

Trending in Business

Others Also Read

Load more

Copyright © 1995- Star Media Group Berhad [197101000523 (10894-D)]

Best viewed on Chrome browsers.