Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 150
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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Iceland tops Mercer study on retirement income systems

Old age security is a big worry for Indians as income at retirement is far from adequate for most people. Now, a global study done by Mercer Consulting validates this..."/>
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                            <p style="text-align:justify">-The Hindu Business Line</p><p style="text-align:justify"><em>Iceland tops Mercer study on retirement income systems</em></p><p style="text-align:justify">Old age security is a big worry for Indians as income at retirement is far from adequate for most people. Now, a <a href="/upload/files/Mercer.pdf" title="/upload/files/Mercer.pdf">global study</a> done by Mercer Consulting validates this fear as it reveals that the Indian pension system ranks a lowly 40 in a comparative index of 43 systems.</p><p style="text-align:justify">The primary objective of this annual survey by the global management consulting firm is to benchmark each retirement income system using more than 50 indicators.</p><p style="text-align:justify">This year&rsquo;s index edition added four new retirement systems &mdash; Iceland, Taiwan, the UAE and Uruguay. In its maiden appearance in the Index, Iceland overthrew the Netherlands to receive the highest overall index value of 84.2. Thailand had the lowest overall index value at 40.6.</p><p style="text-align:justify"><em>Sub-indices</em></p><p style="text-align:justify">According to the survey, India had an overall index value of 43.3 among the countries analysed.</p><p style="text-align:justify">The index highlights key strengths of retirement pension systems around three sub-indices &mdash; adequacy, sustainability and integrity, where India scored 33.5, 41.8 and 61.0, respectively.</p><p style="text-align:justify">The adequacy sub-index represents the adequacy of the benefits that are being provided, the sustainability sub-index represents the likelihood that the current system is able to provide benefits in the future, while the integrity sub-index includes many legislative requirements that influence the overall governance and operations of the system which affect the level of confidence that citizens have in their system.</p><p style="text-align:justify">Please <a href="https://www.thehindubusinessline.com/economy/indian-pension-system-is-40th-out-of-43-systems-on-overall-mercer-index-ranking/article37067266.ece" title="https://www.thehindubusinessline.com/economy/indian-pension-system-is-40th-out-of-43-systems-on-overall-mercer-index-ranking/article37067266.ece">click here</a> to read more.&nbsp;</p>                                                           
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                            <p style="text-align:justify">-The Hindu Business Line</p><p style="text-align:justify"><em>Iceland tops Mercer study on retirement income systems</em></p><p style="text-align:justify">Old age security is a big worry for Indians as income at retirement is far from adequate for most people. Now, a <a href="/upload/files/Mercer.pdf" title="/upload/files/Mercer.pdf">global study</a> done by Mercer Consulting validates this fear as it reveals that the Indian pension system ranks a lowly 40 in a comparative index of 43 systems.</p><p style="text-align:justify">The primary objective of this annual survey by the global management consulting firm is to benchmark each retirement income system using more than 50 indicators.</p><p style="text-align:justify">This year&rsquo;s index edition added four new retirement systems &mdash; Iceland, Taiwan, the UAE and Uruguay. In its maiden appearance in the Index, Iceland overthrew the Netherlands to receive the highest overall index value of 84.2. Thailand had the lowest overall index value at 40.6.</p><p style="text-align:justify"><em>Sub-indices</em></p><p style="text-align:justify">According to the survey, India had an overall index value of 43.3 among the countries analysed.</p><p style="text-align:justify">The index highlights key strengths of retirement pension systems around three sub-indices &mdash; adequacy, sustainability and integrity, where India scored 33.5, 41.8 and 61.0, respectively.</p><p style="text-align:justify">The adequacy sub-index represents the adequacy of the benefits that are being provided, the sustainability sub-index represents the likelihood that the current system is able to provide benefits in the future, while the integrity sub-index includes many legislative requirements that influence the overall governance and operations of the system which affect the level of confidence that citizens have in their system.</p><p style="text-align:justify">Please <a href="https://www.thehindubusinessline.com/economy/indian-pension-system-is-40th-out-of-43-systems-on-overall-mercer-index-ranking/article37067266.ece" title="https://www.thehindubusinessline.com/economy/indian-pension-system-is-40th-out-of-43-systems-on-overall-mercer-index-ranking/article37067266.ece">click here</a> to read more.&nbsp;</p>                                                           
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Iceland tops Mercer study on retirement income systems

Old age security is a big worry for Indians as income at retirement is far from adequate for most people. Now, a global study done by Mercer Consulting validates this..."/>
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                            <p style="text-align:justify">-The Hindu Business Line</p><p style="text-align:justify"><em>Iceland tops Mercer study on retirement income systems</em></p><p style="text-align:justify">Old age security is a big worry for Indians as income at retirement is far from adequate for most people. Now, a <a href="/upload/files/Mercer.pdf" title="/upload/files/Mercer.pdf">global study</a> done by Mercer Consulting validates this fear as it reveals that the Indian pension system ranks a lowly 40 in a comparative index of 43 systems.</p><p style="text-align:justify">The primary objective of this annual survey by the global management consulting firm is to benchmark each retirement income system using more than 50 indicators.</p><p style="text-align:justify">This year&rsquo;s index edition added four new retirement systems &mdash; Iceland, Taiwan, the UAE and Uruguay. In its maiden appearance in the Index, Iceland overthrew the Netherlands to receive the highest overall index value of 84.2. Thailand had the lowest overall index value at 40.6.</p><p style="text-align:justify"><em>Sub-indices</em></p><p style="text-align:justify">According to the survey, India had an overall index value of 43.3 among the countries analysed.</p><p style="text-align:justify">The index highlights key strengths of retirement pension systems around three sub-indices &mdash; adequacy, sustainability and integrity, where India scored 33.5, 41.8 and 61.0, respectively.</p><p style="text-align:justify">The adequacy sub-index represents the adequacy of the benefits that are being provided, the sustainability sub-index represents the likelihood that the current system is able to provide benefits in the future, while the integrity sub-index includes many legislative requirements that influence the overall governance and operations of the system which affect the level of confidence that citizens have in their system.</p><p style="text-align:justify">Please <a href="https://www.thehindubusinessline.com/economy/indian-pension-system-is-40th-out-of-43-systems-on-overall-mercer-index-ranking/article37067266.ece" title="https://www.thehindubusinessline.com/economy/indian-pension-system-is-40th-out-of-43-systems-on-overall-mercer-index-ranking/article37067266.ece">click here</a> to read more.&nbsp;</p>                                                           
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Home हिन्दी

India fares poorly in global ranking of pension systems

Published on Oct 19, 2021   Modified on Oct 23, 2021

-The Hindu Business Line Iceland tops Mercer study on retirement income systems Old age security is a big worry for Indians as income at retirement is far from adequate for most people. Now, a global study done by Mercer Consulting validates this fear as it reveals that the Indian pension system ranks a lowly 40 in a comparative index of 43 systems. The primary objective of this annual survey by the global management consulting firm is to benchmark each retirement income system using more than 50 indicators. This year’s index edition added four new retirement systems — Iceland, Taiwan, the UAE and Uruguay. In its maiden appearance in the Index, Iceland overthrew the Netherlands to receive the highest overall index value of 84.2. Thailand had the lowest overall index value at 40.6. Sub-indices According to the survey, India had an overall index value of 43.3 among the countries analysed. The index highlights key strengths of retirement pension systems around three sub-indices — adequacy, sustainability and integrity, where India scored 33.5, 41.8 and 61.0, respectively. The adequacy sub-index represents the adequacy of the benefits that are being provided, the sustainability sub-index represents the likelihood that the current system is able to provide benefits in the future, while the integrity sub-index includes many legislative requirements that influence the overall governance and operations of the system which affect the level of confidence that citizens have in their system. Please click here to read more.

The Hindu Business Line, 19 October, 2021, https://www.thehindubusinessline.com/economy/indian-pension-system-is-40th-out-of-43-systems-on-overall-mercer-index-ranking/article37067266.ece

Tagged with: Old age pension Social security Informal sector workers Informal economy

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