Thailand Bottom of World Pension Table

[Ned Ludd]

In the 13^th annual Mercer CFA Institute Global Pension Index (MCGPI) which is considered the reference for world wide pension statistics, poor Thailand comes in bottom.

Country
	index value	Adequacy	Sustainability	Integrity
Iceland (1)	84.2	82.7	84.6	86
Netherlands (2)	83.5	82.3	81.6	87.9
Denmark (3)	82	81.1	83.5	81.4
Israel (4)	77.1	73.6	76.1	83.9
Norway (5)	75.2	81.2	57.4	90.2
Australia (6)	75	67.4	75.7	86.3
Finland (7)	73.3	71.4	61.5	93.1
Sweden (8)	72.9	67.8	73.7	80
UK (9)	71.6	73.9	59.8	84.4
Singapore (10)	70.7	73.5	59.8	81.5
Switzerland (11)	70	65.4	67.2	81.3
Canada (12)	69.8	69	65.7	76.7
Ireland (13)	68.3	78	47.4	82.1
Germany (14)	67.9	79.3	45.4	81.2
New Zealand (15)	67.4	61.8	62.5	83.2
Chile (16)	67	57.6	68.8	79.3
Belgium (17)	64.5	74.9	36.3	87.4
Hong Kong SAR (18)	61.8	55.1	51.1	87.7
USA (19)	61.4	60.9	63.6	59.2
Uruguay (20)	60.7	62.1	49.2	74.4
France (21)	60.5	79.1	41.8	56.8
Malaysia (23)	59.6	50.6	57.5	76.8
UAE (22)	59.6	59.7	50.2	72.6
Spain (24)	58.6	72.9	28.1	78.3
Colombia (25)	58.4	62	46.2	69.8
Saudi Arabia (26)	58.1	61.7	50.9	62.5
Poland (27)	55.2	60.9	41.3	65.6
China (28)	55.1	62.6	43.5	59.4
Peru (29)	55	58.8	44.2	64.1
Brazil (30)	54.7	71.2	24.1	71.2
South Africa (31)	53.6	44.3	46.5	78.5
Italy (32)	53.4	68.2	21.3	74.9
Austria (33)	53	65.3	23.5	74.5
Taiwan (34)	51.8	40.8	51.9	69.3
Indonesia (35)	50.4	44.7	43.6	69.2
Japan (36)	49.8	52.9	37.5	61.9
Mexico (37)	49	47.3	54.7	43.8
Korea (38)	48.3	43.4	52.7	50
Turkey (39)	45.8	47.7	28.6	66.7
India (40)	43.3	33.5	41.8	61
Philippines (41)	42.7	38.9	52.5	35
Argentina (42)	41.5	52.7	27.7	43
Thailand (43)	40.6	35.2	40	50
Average	61	62.2	51.7	72.1

[Pravda]

The same for healthcare

[FritsSikkink]

26 minutes ago, Pravda said:

The same for healthcare

Show the stats please

[darksidedog]

List seems a little short. Maybe the other couple hundred countries who are even lower aren't being included.

Bottom is only representational of how deep the list goes of course.

[olfu]

Happy to see US managed in top 20--very advanced country.

[RichardColeman]

explains why some drink like fish, drive like nutters, run around with guns and play video games all day - simply a lot have no future once they hit 40 !

[soi3eddie]

Would be intersting to see Pension Figures vs levels of General Taxation. Very few pay taxes at any level in Thailand. Even VAT is still supressed at 7%. A bit shocked to see UK only at #9 despite how much tax we pay.

[StayinThailand2much]

Turning the sheet upsite-down, will make Thailand #1 ...

[it is what it is]

59 minutes ago, soi3eddie said:

Would be intersting to see Pension Figures vs levels of General Taxation. Very few pay taxes at any level in Thailand. Even VAT is still supressed at 7%. A bit shocked to see UK only at #9 despite how much tax we pay.

 

how much national insurance do they pay?

[soi3eddie]

19 minutes ago, it is what it is said:

 

how much national insurance do they pay?

National Insurance is a tax too. 12% for UK employees and 13.8% for UK employer's NIC's at present Class 1 - due to rise by 2.5% soon. Don't know about Thailand but suspect nowhere near the same as the UK as few people in Thailand are even officially "on the books".

 

[HappyGoLuckyLife]

1 hour ago, RichardColeman said:

and play video games all day - simply a lot have no future once they hit 40 !

Bro, one of the main reasons I'm cashing out early and moving to Thailand. Too busy working my ass off to enjoy video gaming and writing novels, so I grinded my way through my work life, created an exit plan, and will spend the rest of my life gaming, traveling, and writing novels while continuing to be smart about money. I'll be 50 btw! 

[Kwasaki]

11 hours ago, Pravda said:

The same for healthcare

Thai health care is cost 30 baht how much is it in your country.

I pay for my health care here and it's cheaper than getting a prescription from a UK doctor and paying at a chemist. 

[Pravda]

1 minute ago, Kwasaki said:

Thai health care is cost 30 baht how much is it in your country.

Free. With facilities better than a private hospital and doctors who save lives regardless of cost.

 

[Kwasaki]

4 minutes ago, Pravda said:

Free. With facilities better than a private hospital and doctors who save lives regardless of cost.

 

Count yourself lucky then.

[bbko]

11 hours ago, darksidedog said:

List seems a little short. Maybe the other couple hundred countries who are even lower aren't being included.

Bottom is only representational of how deep the list goes of course.

Agree, there's 195 countries in the world, if Thailand is #43 that leaves out 152 other countries, so how can they be at the "bottom"?

[Pravda]

1 minute ago, bbko said:

Agree, there's 195 countries in the world, if Thailand is #43 that leaves out 152 other countries, so how can they be at the "bottom"?

Well Serbia isn't listed too and I know for a fact that old people in Serbia get a lot more than pathetic 500 baht a month this government gives ti its people. Or forget about Serbia. I'm willing to bet my testicles that every single European country not listed here treats the old people better than Thai government.

[Moonlover]

12 hours ago, Pravda said:

The same for healthcare

It was reported, quite recently on this forum that Thailand came well up the list regarding healthcare.

 

https://aseannow.com/topic/1235740-thailands-healthcare-system-ranked-among-best-in-the-world/#:~:text=Thailand's health care system has,an overall score of 59.52.

[big dendrobenaes]

11 hours ago, darksidedog said:

List seems a little short. Maybe the other couple hundred countries who are even lower aren't being included.

Bottom is only representational of how deep the list goes of course.

there are 195 countries in the world !!!

[Pravda]

13 minutes ago, Moonlover said:

It was reported, quite recently on this forum that Thailand came well up the list regarding healthcare.

 

https://aseannow.com/topic/1235740-thailands-healthcare-system-ranked-among-best-in-the-world/#:~:text=Thailand's health care system has,an overall score of 59.52.

 

This is a report for rich expats, not for 95% of Thai population.

 

Got a more useful link?

[Kwasaki]

33 minutes ago, Pravda said:

Well Serbia isn't listed too and I know for a fact that old people in Serbia get a lot more than pathetic 500 baht a month this government gives ti its people. Or forget about Serbia. I'm willing to bet my testicles that every single European country not listed here treats the old people better than Thai government.

You would lose your tackle mush In the UK many pensioners live on the poverty line.

In Thailand it's a warm climate a different system and not comparable IMO and experience.

 

In Thailand if they don't have a pension or money saved over 60 get 600 baht a month from govt, also are helped by there siblings if they have any.

 

When there 70 they get 700 baht when there 80 get 800 baht and so on.

If they have no family neighbours and friends help or a temple with food.

 

Most only have 5/15 electric supply which is usually free unless they have air-con.

 

[Pravda]

1 minute ago, Kwasaki said:

You would lose your tackle mush In the UK many pensioners live on the poverty line.

In Thailand it's a warm climate a different system and not comparable IMO and experience.

 

In Thailand if they don't have a pension or money saved over 60 get 600 baht a month from govt, also are helped by there siblings if they have any.

 

When there 70 they get 700 baht when there 80 get 800 baht and so on.

If they have no family neighbours and friends help or a temple with food.

 

Most only have 5/15 electric supply which is usually free unless they have air-con.

 

 

Funny post

[Kwasaki]

4 minutes ago, Pravda said:

 

Funny post

But facts which you obviously have no idea about.

[Pravda]

6 minutes ago, Kwasaki said:

But facts which you obviously have no idea about.

 

Yes sure.... Your facts that you dreamed up. 

[Neeranam]

12 hours ago, olfu said:

Happy to see US managed in top 20--very advanced country.

Really?

 

Take a look at the homeless numbers of the USA and Thailand. 

Take a look at the percentage of suicides. 

Take a look at the fat asses in Walmart compared to Tesco Lotoot.

[VocalNeal]

12 hours ago, darksidedog said:

List seems a little short. Maybe the other couple hundred countries who are even lower aren't being included.

Bottom is only representational of how deep the list goes of course.

One cannot expect government service if one doesn't pay tax. Which is why there are many countries lower...

[Moonlover]

54 minutes ago, Pravda said:

52 minutes ago, Kwasaki said:

You would lose your tackle mush In the UK many pensioners live on the poverty line.

In Thailand it's a warm climate a different system and not comparable IMO and experience.

 

54 minutes ago, Pravda said:

 

Funny post

At least it was a post based on facts, facts that I can confirm by living amongst real population of Thailand, rather than the skeptical and inaccurate nonsense that you post @Pravda.

[Kwasaki]

55 minutes ago, Pravda said:

 

Yes sure.... Your facts that you dreamed up. 

Not dreamed experienced and seen in our village with family and family friends no point explaining to someone like you. 

[Pravda]

14 minutes ago, Moonlover said:

 

At least it was a post based on facts, facts that I can confirm by living amongst real population of Thailand, rather than the skeptical and inaccurate nonsense that you post @Pravda.

 

You say me say. I can confirm the exact opposite living in Thailand. If Thai elderly population is so fantastically better off then why Farang mug needs to sent monthly payments to friends and family. How many UK pensioners receive monthly allowance from Thais?

 

Yes, thought so.

[RafPinto]

Where is "Portugal" where so many people want to retire?

[Moonlover]

19 minutes ago, Kwasaki said:

1 hour ago, Pravda said:

 

Yes sure.... Your facts that you dreamed up. 

 

19 minutes ago, Kwasaki said:

Not dreamed experienced and seen in our village with family and family friends no point explaining to someone like you. 

Thank you. I think that sums it up very nicely @Kwasaki