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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…

November 1, 2012 – While Ottawa’s proposed reforms to the pension plans of federal employees and MPs are a move in the right direction, the deep flaws in these plans require more fundamental revisions, according to a report released today by the C.D. Howe Institute. In  “Federal Employee Pension Reforms: First Steps – on a Much Longer Journey,” authors William B.P. Robson and Alexandre…

Toronto, March 22 – Ontario faces a $19.7 billion unfunded liability at its Workplace Safety Insurance Board (WSIB) based on a fair-value accounting approach, according to a report from the C.D. Howe Institute. In “The Hole in Ontario’s Budget: WSIB’s Unfunded Liability,” authors Colin Busby and Finn Poschmann say the WSIB,  which levies employer premiums intended to fund benefits for…

March 13, 2012 – Ottawa should move to reform seniors’ benefits in the upcoming budget by letting recipients choose richer payments, later, from the Old Age Security and Guaranteed Income Supplement programs if they wish, according to a report from the C.D. Howe Institute.  In “What to do About Seniors’ Benefits in Canada: The Case for Letting Recipients Take Richer Payments Later,” William…

December 18, 2012 – Despite recent high-profile changes to the pension plans of federal public servants, uniformed personnel and MPs, a critical flaw remains: the contributions to these plans, even after the changes, come nowhere close to covering the rocketing cost of their promises.  In “Ottawa’s Pension Abyss: The Rapid Hidden Growth of Federal-Employee Retirement Liabilities,”…

November 1, 2012 – While Ottawa’s proposed reforms to the pension plans of federal employees and MPs are a move in the right direction, the deep flaws in these plans require more fundamental revisions, according to a report released today by the C.D. Howe Institute. In  “Federal Employee Pension Reforms: First Steps – on a Much Longer Journey,” authors William B.P. Robson and Alexandre…