19/10/2023
Singapore's Central Provident Fund (CPF) made significant progress in the 2023 retirement system rankings by Mercer, moving up from ninth place in 2022 to a more impressive seventh out of 47 systems worldwide. In the Asian region, Singapore claimed the top position, with Hong Kong and Japan following closely behind. Furthermore, Singapore achieved a notable overall score of 76.3 and, for the first time, received a B+ grade.