In 2025, Mercer and CFA Institute, together, ranked the pension systems of 52 countries (compared to 48 countries in 2024), accounting for 65% of the world's population. According to the annual Mercer CFA Institute Global Pension Index (MCGPI), Kazakhstan's pension system ranked 26th, ahead of the United States, Spain, Italy, Austria, Japan, South Korea, China, and other countries.