The Mercer Global Pensions Index, which evaluates the pension systems of 34 countries, shows that Latin America is facing significant challenges in that area. Chile ranks eighth among the best countries in the world, with 69.3 out of a possible 100 points; Colombia ranks 14th with 62.6 points; Peru 16th, with 62.4 points; Brazil 21st, with 56.5 points; Mexico 31st, with 45.3 points and Argentina ranks last, with only 39.2 points.

This Pensions Note analyzes the results of the pension systems of these countries in each of the sub-indices comprising them, namely Adequacy, Sustainability and Integrity, the weaknesses of the aforementioned Latin American pension systems and the reforms or improvements they require.

To review the Note, please download it at this link.