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September 26, 2019

Pension policymakers need to play catch-up in Canada’s changing pension landscape, says a new report from C.D. Howe Institute.

In “The Quest for Sustainability in Contingent Pension Plans,” authors Barry Gros and Barbara Sanders explore the policy implications of Canada’s shift away from traditional defined-benefit pension plans towards contingent pension plans in which benefits for members depend on the financial position of the plan.

Barry Gros

Barry Gros is a pension actuary who retired from active consulting in Toronto in 2014. He just finished an 8-year tenure as the Chair of the pension board of the University of British Columbia Staff Pension Plan, a target benefit plan for the past 50 years.

Barbara Sanders

Barbara Sanders is an associate professor of actuarial science at Simon Fraser University.