The expansion of public pension plans is possible, says Robert Stapleford, president of the Canadian Institute of Actuaries (CIA), in a release.
As BenefitsCanada reports, the organization has released a public position on the potential expansion of the Canada and Quebec Pension Plans. In its paper, the CIA calls for items such as equal employer and employee contributions, and a renewed debate about the country’s retirement age.
Plus, finance ministers from across Canada will soon meet in Vancouver to discuss CPP reforms, a development that comes against the backdrop of the passing of the Ontario Retirement Pension Plan act and the federal government’s proposed changes that would restore the eligibility age for OAS and GIS.
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