34 results found for "guaranteed annual income"
Media Release
March 19, 2014 – While public debate has mainly focused on the “gold-plated” defined benefits of many public-service pension plans, the real problem lies in a flawed approach to managing compensation costs, according to respected pension expert Malcolm Hamilton. In, “Evaluating Public-Sector Pensions: How Much Do They Really Cost?” Hamilton says the problem is government sponsors who…
Media Release
April 2, 2014 – Federal public servants have pension guarantees in their defined-benefit pension plans that are mispriced, causing Ottawa to seriously underestimate the cost of the pension plans and the total compensation of its employees, according to a report released today by the C.D. Howe Institute. In “Evaluating Public-Sector Pensions: Are Federal Public Servants Overpaid?” respected…
Media Release
January 24, 2017 – Providing a comprehensive, one-size-fits-all guaranteed annual income (GAI) is not the best solution to fighting poverty in Canada, according to a new report from the C.D. Howe Institute. In “Toward a New Balance in Social Policy: The Future Role of Guaranteed Annual Income within the Safety Net,” author Peter Hicks urges policymakers to address poverty by using a “bottom-up”…
Media Release
May 31, 2012 — Reforms underway to the Canada Pension Plan (CPP), which impose higher penalties for opting to receive CPP before age 65 and greater rewards for delaying take-up until after 65, were meant to ensure people do not have a strong financial incentive to retire early and take-up CPP at age 60, according to a report from the C.D. Howe Institute. In “Comparing Nest Eggs: How CPP…
Media Release
June 9, 2011 – Expanding the Canada Pension Plan (CPP) is a risky route to addressing Canadian concerns about low incomes in retirement, according to a report released today by the C.D. Howe Institute. In “Don’t Double Down on the CPP: Expansion Advocates Understate the Plan’s Risks,” author William B.P. Robson says advocates of an expanded CPP as a solution to retirement income worries too…
Media Release
April 11, 2017 - With retirees living longer and the working-age population remaining relatively stable, the growing demand for financial support in retirement will potentially strain social security programs, according to a new report from the C.D. Howe Institute. In “Greener Pastures: Resetting the Age of Eligibility for Social Security Based on Actuarial Science,” authors Robert L. Brown, and…
