Assuring the sustainability of the Canada Pension Plan: A new consensus is required

Keith Ambachtsheer is director emeritus of the International Centre for Pension Management, senior fellow at the National Institute on Ageing, and executive in residence at the Rotman School of Management.Ed Waitzer is a lawyer and a senior fellow at the C.D. Howe Institute.

113 of the CPP Act describes the calculation of the amount to be paid to a withdrawing province. Its essence is to transfer to the pension fund of the withdrawing province an amount that would have accumulated in that pension fund had it always been separate. The first is whether the data required to perform the calculations set out in Section 113 are available or can be made available. If not, the process by which a province withdraws from the CPP will need to be reimagined.

Loans Loans Latest News, Loans Loans Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Canada Pension Fund’s Credit Head Wants to Take Advantage of Leveraged Buyout BoomCanada’s largest pension fund plans to nearly double the size of its credit holdings over the next five years, and it’s counting on an upturn in leveraged buyouts to generate some of that growth.
Source: BNNBloomberg - 🏆 83. / 50 Read more »