How has COVID-19 impacted future pensions?
The widespread economic impact of COVID-19 is creating very real issues for retirees, both now and in the future. Combined with increasing life expectancies and rising pressure on public resources to support the health and welfare of older citizens, COVID-19 has the potential to exacerbate retirement insecurity around the world.
Despite these challenges, it’s critical to reflect on the strengths and weaknesses of each system to ensure better outcomes for the retiree. Comparing systems from different economic, historical and political backgrounds is an important purpose of the Global Pension Index. It enables comparisons of systems to differentiate what is possible in different contexts and cultures.
Now in its 12th year, the Mercer CFA Institute Global Pension Index (MCGPI) report benchmarks each retirement income system using more than 50 indicators and covers almost two-thirds of the world's population.
The challenges of the time present us with an opportunity to come together as a global community. It's a chance to learn from each other, with the aim of providing retirees dignity and confidence in retirement. In embracing this new format, we aim to connect policy makers, industry professionals, researchers, and academics around the globe for a more robust learning and sharing experience.
Dr David Knox, lead author, will unpack the 2020 results and each region will feature a panel discussion with local industry experts and thought leaders.
Join us and be part of the conversation.
We're keen to assist you and your organisation. To speak with a Mercer consultant about this webinar or the Mercer CFA Institute Global Pension Index complete your details below.