colorful map of the world (Photo: Iryna Volina/Adobe Stock)

In their paper, Pension Reform in Challenging Times, Mercer and the CFA Institute compared 43 government retirement systems (often call pensions outside the U.S.) and graded each country.

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Ginger Szala

Ginger Szala is executive managing editor of Investment Advisor magazine. She covered the financial business and alternatives industry for 30 years while editor of Futures Magazine Group. MSJ Northwestern, BA University of Wisconsin-Madison. She is based in Chicago. Go Blackhawks!