Dutch pensions are world's best
The Dutch pension system has been named the best in the world for the third year in a row by the Melbourne Mercer Global Pension Index.
The index which was published on Tuesday is compiled by the Mercer consultancy company and compares pensions in 16 countries. Australia came second and Switzerland third. Japan, India and China were placed last.
Pensions in the various countries were assessed based on a number of criteria, including the relation between state pensions and supplementary private pensions, the income of pensioners and the degree to which elderly people take part in employment.
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