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If you have any questions, you are always welcome to contact us. We'll get back to you as soon as possible, withing 24 hours on weekdays.
Customer service
All questions about your order, return and delivery must be sent to our customer service team by e-mail at yourstore@yourdomain.com
Sale & Press
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Product DescriptionAt current contribution rates, the investment fund of the Canadian Pension Plan will be exhausted before the end of the century. At an inflation rate of 8 per cent, the real value of today's private pension will be cut in half every ten years. The implications of these and related problems are explored in this study of public and private pensions in Canada. The analysis of private pension plans examines the adequacy of vesting and 'locking in' provisions, together with the broader question of whether the private pension system as currently constituted can remain viable in an inflationary climate. The analysis of public programs focuses on the financing of public pension plans, the income redistribution effects of the Canada Pension Plan, and the incentive effects of public retirement programs. A computer model which simulates the life histories of a large sample of Canadians indicates that the CPP tends to transfer wealth to those with a relatively high lifetime income. This incisive analysis pinpoints the inadequacies of current provisions for retirement income and outlines the direction planning must take if the intentions of pension programs are to be fulfilled. The authors' conclusions have wideranging social implications which must be considered by anyone involved or interested in the making of public policy.About the AuthorJ.E. PESANDO is associate professor of economics and research associates at the Institute for Policy Analysis at the University of Toronto.
⚠️ WARNING (California Proposition 65):
This product may contain chemicals known to the State of California to cause cancer,
birth defects, or other reproductive harm.
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⚠️ California Proposition 65 Warning: Some products sold on this website may expose you to chemicals known to the State of California to cause cancer, birth defects, or other reproductive harm. For more information, visit www.P65Warnings.ca.gov.
