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Risk and Reward in Public Sector Pension Plans: A Taxpayer’s Perspective
The most striking feature of Canada’s retirement system is arguably the large and growing gap between pensions in the public and private sectors. Eighty percent of public sector workers participate in defined benefit (DB) pension plans. Only ten percent ...
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Plans to expand government pensions based on faulty assumptions
Appeared in the Financial Post With talks to expand the Canada Pension Plan having stalled, the Ontario government has pledged to roll out its own provincial version. The impulse for a big CPP hinges on the assumption that Canadians are too ignorant or ...