The Adequacy Sub-Index | Melbourne Mercer Global Pension Index : Melbourne Mercer Global Pension Index


The Adequacy Sub-Index


The adequacy sub-index considers the benefits provided to both the poor and the median-income earner, as well as several design features and characteristics (including asset allocation) which enhance the efficacy of the overall retirement income system.

The net household saving rate and home ownership rate are also included as non-pension savings can represent an important source of financial security during retirement.

Refer to Chapter 6  in each Report for detailed information.


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Link to Victorian Government (Victoria Online) the Mercer Australian website Australian Centre for Financial Studies