1、Mercer CFA InstituteGlobal Pension Index 2025Feature chapter:Balancing government influence on private pension fund investments2Mercer CFA Institute Global Pension Index 2025Contents2Mercer CFA Institute Global Pension Index 202502Executive summary04Changes from 2024 to 202503Feature chapter05A brie

2、f review of each system01Foreword3Mercer CFA Institute Global Pension Index 202501Foreword3Mercer CFA Institute Global Pension Index 2025ForewordAs people live longer and labor markets evolve,pension systems face mounting pressure to adapt.Without action today,we may risk undermining financial secur

3、ity tomorrow,not just for retirees,but for entire economies built on the promise of long-term well-being.4Mercer CFA Institute Global Pension Index 20254Mercer CFA Institute Global Pension Index 2025ForewordPension reform is never simple.It involves balancing the interests of millions of individuals

4、 across generations,income levels and working lives within systems shaped by decades of policy evolution and political compromise.Every decision carries the potential for unintended consequences having the foresight to assess possible outcomes and moving forward with caution is essential.Employers,g

5、overnments,and pension providers play a critical role in shaping more resilient and equitable pension systems.We believe that meaningful pensions reform should focus on three core principles that help align stakeholders:adequacy,to provide individuals with the confidence that their retirement income

6、 will be sufficient for them to live a dignified retirement;sustainability,to ensure systems can withstand demographic and economic pressures over time to keep delivering benefits;and integrity,to uphold the long-term stability and reliability of regulatory frameworks that safeguard these promises.T