The study carried out by Mercer and CFA Institute proves that in 2021 Iceland, the Netherlands and Denmark had the best pension systems on a global scale. Iceland took the first place, followed by the Netherlands and Denmark. Their pension systems scored above 80 and this indicates a happy future for those in retirement. Israel that came fourth is an attractive warm country for your retirement as well. Russia wasn’t included in the rating, and this is hardly surprising for a country with an average pension of EUR 200. Its prospects are rather gloomy as well, and the people will soon face depopulation, economic stagnation, and high inflation starting this year.