CPF tops Asia again in global pension index, but experts say it must evolve to remain viable

SINGAPORE – Singapore’s pension system has kept its top spot in Asia in an annual global index for the 16th consecutive year and achieved the second-highest grade of B+ for the second year in a row.

Despite its strong performance, the Republic will have to address challenges arising from

its low birth rates

and increasing life expectancies to ensure the long-term viability of the Central Provident Fund (CPF), said pension expert Mercer and other analysts.