Nov 232015

India retirement

India’s pension system is broken, and retirement is a rough ride in Asia’s third largest economy.

According to the 2015 Melbourne Mercer Global Pension Index, India ranks last among 25 countries when it comes to retirement income systems.

The study measures pension systems against over 40 indicators such as savings, coverage of schemes, government debt and demography, among others.

Contributed By Sonia Narula

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