Aging Populations Are Straining Retirement Systems Worldwide, According to the 2026 Marsh CFA Institute Global Pension Index
Marsh and CFA Institute released the 18th annual Marsh CFA Institute Global Pension Index, comparing 55 retirement income systems covering 66% of the world's population. The 2026 edition focuses on demographic strain from aging populations, calling for clearer pension objectives, stronger funding, and more flexible retirement design; the average Index score rose 1.1 points from 2025. Netherlands, Denmark, Iceland, Singapore, Israel and — for the first time — Australia earned A grades; the United States scored C+ (61.6).
Key figures
- Us score
- C+ (61.6)
- New countries
- ["Dominican Republic","Kenya","Qatar"]
- Index avg change
- +1.1 points vs 2025
- Systems compared
- 55
- Top scoring system
- Netherlands (85.8)
- World population coverage
- 66%
AI analysis
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