Governments are major employers, and many provide defined benefit pension plans with full inflation indexing and generous early retirement provisions. Hence, changes in thinking about, and accounting for, the costs of defined benefit pension plans have major implications for government finances....

A key question in Canada's pensions debate is whether Canadians will be able to maintain their living standards in retirement, and if policy needs to respond to the risk that some will experience painful declines. To date, it has been very difficult to estimate how current trends might affect...

Governments are major employers, and usually provide defined-benefit (DB) pension plans with full inflation indexing and generous early retirement provisions. Hence, changes in thinking about, and accounting for, the costs of DB pension plans have major implications for government finances. Both...

The ongoing transition of the Canadian pension system offers valuable lessons for the rest of the world. Improving the voluntary and contractual retirement saving arrangements that constitute the private pillars of the system requires recognition among policy makers and the public that shoring...

Many retirees face dramatic erosion of their savings due to outdated government rules, says a new C.D. Howe Institute report. In “Outliving Our Savings: Registered Retirement Income Funds Rules Need a Big Update,” authors Alexandre Laurin and William Robson urge the government to re-visit...