The first place is occupied by the Netherlands, which dethroned Iceland, which now occupies second place in the ranking, while Denmark is in third place, according to the annual global index carried out by Mercer.

According to Bloomberg, which relies on data from the aforementioned study, Israel was the only other nation to obtain an “A” rating in the Mercer CFA Institute Global Pension Index 2023 report, which classifies systems based on their adequacy, sustainability and integrity.

Author: Bloomberg

Portugal is part of the group of countries that obtained the “B” classification, along with Germany and the United Kingdom, among others.

At the bottom of the table, among the 47 nations analysed, is Argentina, which is in category “D”. The USA came in 22nd place – two positions below last year – and is in category “C”, which also includes Spain and France.