India has been ranked 28 out of the 30 countries under review in the Melbourne Mercer Global Pension Index 2017, which was topped by Denmark for the sixth straight year. According to the index, India's overall index value has increased from 43.4 in 2016 to 44.9 in 2017 and its pension system is found to be more sustainable than that of Poland, Germany, France, Japan, Italy, Austria, Brazil, China and Argentina. "The National Pension System is slowly gaining popularity. All these measures should help India to increase its index value in coming years," Chandrashekhar said. "The Index is an important reference for policy makers around the world to learn from the most adequate and sustainable systems," author of the report and Senior Partner at Mercer, Dr David Knox said.​

Source: dna October 23, 2017 08:26 UTC