Canada's Pension System in Global Ranking
A global pension index improved Canada’s score but identified significant potential for enhancement, particularly in workplace pensions.
2025 Mercer CFA Global Institute Pension Index Results
Canada received a grade of B, consistent with last year, while its score increased to 70.4 out of 100 from 68.4. Hubert Tremblay, partner and senior wealth adviser at Mercer Canada, highlighted the strength of the country’s diversified pension system.
“One of the main strands of the Canadian pension system is that we have a diversified system with multiple sources of income into retirement.”
Components of Canada’s Pension System
- Canada Pension Plan (CPP)
- Income supplement programs like Old Age Security (OAS) and Guaranteed Income Supplement (GIS)
- Workplace private pension plans
- Voluntary retirement savings options such as registered retirement savings plans (RRSPs) and tax-free savings accounts (TFSAs)
Assessment Approach
Mercer evaluated these components to determine the overall health and effectiveness of Canada's pension system compared to global programs.
Newsletter Information
Subscribers receive market insights and business news from Postmedia Network Inc., with notifications sent via email, including a welcome message.
Author's summary: Canada’s pension system is recognized for its diversification and steady performance but still requires improvements, especially in workplace pensions, to match global leaders.
More News
- Netflix, Inc. (NFLX) Stock Price, Quote, News & Analysis
- Matthew Lillard Admits He Doesn’t Have “Huge Part” In ‘FNAF 2’, Teases Potential Trilogy Showdown
- Netflix, Inc. Common Stock NFLX
- Netflix NFC.DE Faces a Price Drop Amid Market Volatility
- Dana Almassova Kazakhstan
- Netflix Inc. Stock Quote NFLX — MarketWatch data
- [Matthew Lillard Admits Quentin Tarantino Criticism]
- [Dana Almassova Kazakhstan – пост Nikkei Asia]
- Miss Universe 2025
- Why Netflix Shares Falling Today