Singapore received a ‘C+’ grade for its retirement savings system in an Australian index published on Oct 19.
The Melbourne Mercer Global Pension Index ranked 25 countries on the adequacy, sustainability and integrity of their retirement plans. Singapore came in 10th place racking up a score of 64.7 out of 100 — down from 65.9 last year.
We dropped from a B to a C+.
Grade-conscious Singapore got a bad grade… WE ARE DOOMED.
http://mustsharenews.com/cpf-ranks-10-in-mercer-index/
The Melbourne Mercer Global Pension Index ranked 25 countries on the adequacy, sustainability and integrity of their retirement plans. Singapore came in 10th place racking up a score of 64.7 out of 100 — down from 65.9 last year.
We dropped from a B to a C+.
Grade-conscious Singapore got a bad grade… WE ARE DOOMED.
http://mustsharenews.com/cpf-ranks-10-in-mercer-index/