Singapore’s Central Provident Fund ranked fifth in the world for pension systems, according to the 2024 Mercer CFA Institute Global Pension Index, scoring 78.7 with a B+ grade.
The CPF also scored high in sustainability, achieving a score of 74.3. Sustainability measures whether a pension system can continue supporting retirees long-term.The CPF plays a central role in helping Singaporeans save for retirement and housing, healthcare, and education.
This approach ensures the CPF provides adequate retirement income, reflected in its adequacy score of 79.8, as reported by Yahoo News.In terms of integrity, the CPF ranked high with a score of 83.0. Strong governance and transparency are critical for public trust in any pension system.
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