39 pension systems from across the world were reviewed.
Singapore is still the best market in Asia and 7th in the world to be a retiree, according to Mercer CFA Institute Global Pension Index 2020.
Singapore earned an overall index value of 71.2 this year as opposed to 70.8 in 2019.
The highest in the survey, Netherlands, has a score of 82.6.
The 2020 Global Pension Index measures retirement income systems through three sub-indices which are sustainability, adequacy, and integrity.
It reviewed a total of 39 pension systems from different countries across the globe that included Belgium and Israel.
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