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  1. Canada’s public-sector pension plans shift investment risks to taxpayers

    Appeared in the Financial Post, December 6, 2018 The large and growing gap between public- and private-sector pensions is arguably the most striking feature of Canada’s retirement system. Defined-benefit pensions (or DB pension plans) the most sought ...

  2. 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 ...