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The U.S. retirement system slipped in global rankings this year despite an increase in its index value. It now ranks 19th among retirement income systems, down from 18th a year ago. That’s according to the 13th annual Mercer CFA Institute Global Pension Index, which benchmarks retirement income systems around the world.

The U.S. index value increased from 60.3 in 2020 to 61.4 in 2021, primarily due to an increase in individuals’ net replacement rates, higher household savings and an increase in the value of the assets held in private pension arrangements.

 

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