December 15, 2020
Uncertainties Loom for Canada Pension Plan
- Uncertainties lie ahead for the Canada Pension Plan that could lead to higher contribution rates or lower benefits.
- Author Bob Baldwin looks at Canada Pension Plan (CPP) valuation reports and explores the financial sustainability of the CPP under various risk scenarios.
- “I have deep-seated concerns that the risks involved in managing the CPP are poorly understood,” writes Baldwin. “If unanticipated negative risks materialize, the Plan will be subject to significant political as well as economic risks.”