Robson, William B.P. - In: C.D. Howe Institute Backgrounder (2011) 137
often promote it as a plan with guaranteed benefits that are fully funded. The CPP looks like a defined-benefit plan, but it … – including lower pensions for those taking them up before age 65 in both the CPP and its sister Quebec Pension Plan – show that … forcing the Quebec Pension Plan to trim benefits and raise contributions. The same has happened to the CPP, and too few …