Increasing the room allowed for Canada Pension Plan contributions could help middle- to higher-income earners, according to a report.
Proposals to expand public pension plans are based on the notion that household savings are inadequate to maintain living standards upon retirement, but a Montreal Economic Institute says these studies have two major methodological weaknesses.
Ambachtsheer's proposed retirement income fix.
Canada’s top pension guru said his idea for a supplementary pension plan has risen again.
Canadians nearing retirement are confident they have enough money to live the retirement lifestyle they desire, but many do not know how much retirement income they will need nor how much their company and government pensions will provide, according to a survey.
A new report argues that efforts to revamp the Canada Pension Plan should take a back seat to a couple of straightforward policy reforms that would take the majority of single impoverished seniors out of poverty.
Canada’s pension system has a large problem that needs addressing—and the sooner, the better. Our pension system is often characterized as a stool supported by three legs: public pensions, in the form of the Canada Pension Plan (CPP) and old age security (OAS); workplace pensions [registered pension plans (RPPs)] featuring employer and some employee contributions; and personal retirement savings via RRSPs for individual contributions.
Over the past few months, you've had a few things to say about whether or not expanding the Canada Pension Plan (CPP) is a good idea. Here are just a few of the comments that we've received on stories about CPP expansion.
CPP expansion doesn’t solve the problem that we have today, and it may not solve a problem that we may not have in 40 years.
There are good reasons for those who are already providing workplace pension plans to support an increase to the CPP. The most obvious is that higher CPP benefits reduce pension obligations under most plans. According to a recent survey by Morneau Shepell, more than half of those polled were willing to increase employer contributions to […]