5 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
June 2, 2014 – William Robson, President and CEO of the C.D. Howe Institute, announces the re-appointment of distinguished professor Lawrence J. White as International Fellow. “Larry White is a leading expert in financial regulation, antitrust, network industries, international banking and applied microeconomics,” said Robson. “The Institute’s research will benefit greatly from his knowledge and…
Media Release
November 13, 2014 – Low income seniors face extremely heavy tax burdens across Canada, according to a new C.D. Howe Institute report. In “Who Loses Most? The Impact of Taxes and Transfers on Retirement Incomes,” authors Finn Poschmann and Alexandre Laurin show that seniors can be hit hard by taxes and benefit clawbacks in retirement. “Our analysis shows that effective tax rates are very high for…
Media Release
April 9, 2014 - Ottawa’s unfunded liabilities for employee pension plans rose to $272 billion in 2013, far larger than reported, according to a new C.D. Howe Institute study. In “Ottawa’s Hidden Deficit: The Widening Gap between Federal Government Pension Liabilities and Assets,” authors William B.P. Robson and Alex Laurin find the value of federal employee pension promises is much larger…