The enhancement to the Canada Pension Plan started off as a positive development but has been marred by poor implementation within public-sector pension plans.Frederick Vettese is former chief actuary of a national consulting firm and also the author ofWith the federal election looming, it is a good time to assess the government’s stewardship of the country’s retirement income system.
Some of these problems result in billions of tax dollars being spent unnecessarily, some perpetuate a situation of blatant unfairness and some run contrary to the country’s long-term economic health. The question is whether ordinary taxpayers will ever speak up in large enough numbers to demand corrective measures.
globebusiness Thank you. Clearly explained and easily understood. Seems impossible to correct with such small minded politicians of all stripes making decisions to benefit short electioneering results. But affect long term pension funding.
globebusiness JustinTrudeau CBSNews No politicians , either the left or the right, care the issue, and the issue is the little people problems. All of the politicians have the good public(tax） pension plans.
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