Important changes are now underway to Canada Pension Plan “adjustment factors” that will increase the penalty for those who retire before age 65, and will raise the amount of additional CPP benefits available for those who delay retirement beyond 65. The new pension adjustment factors have...

Provisions in defined-benefit pension plans may bring down employment rates among older workers — a concern for employers, and for policymakers projecting the impact of babyboomers’ mass retirement from the labour force.