Irish pension system lacks sustainability

Denmark has the world’s best pension system, but Ireland’s pension system needs to become more sustainable, according to a major international comparison of retirement income systems.

21st October, 2014

Denmark has the world’s best pension system, but Ireland’s pension system needs to become more sustainable, according to a major international comparison of retirement income systems.

The 2014 Melbourne Mercer Global Pension Index (MMGPI) compared retirement income systems in 25 countries under three headings; adequacy, sustainability and integrity. This was the first year that Ireland was included in the comparison.

Denmark retained the top position in 2014 with an overall score of 82.4,...

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