AN EXPERT on the Central Provident Fund (CPF) system has criticised a recent global report of pension plans that rated Singapore poorly in some key areas.

National University of Singapore (NUS) Associate Professor Chia Ngee Choon has raised her concerns with The Straits Times over a report released by consultancy firm Mercer last month. She pointed out it failed to take into account some unique but significant features of Singapore's system that would have altered the country's relatively low ranking.

The inaugural Melbourne Mercer Global Pension Index was based on a survey of 11 nations. The index has sub-indexes, including one on the adequacy of the retirement income or how much income is available to a retiree.

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