How CPP reform could kill Ontario's pension plan: Cohn - News Summed Up

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How CPP reform could kill Ontario's pension plan: Cohn


The Ontario pension plan ranks as one of the boldest social innovations in a generation — fully funded and carefully targeted, a testament to practicality in times of uncertainty. If the campaign for a robust CPP expansion somehow succeeds this summer — lifting our national pension plan from among the lowest levels in the industrialized world — all Canadians will be better off. But building an enduring pension plan is not quite analogous to a labour negotiation. That’s because a last-ditch effort to revive CPP expansion is muddying the reform waters. Retirement security is the great hope — and hype — of Canadian politics: Boosting the paltry Canada Pension Plan after 60 years of inadequacy remains the unfinished business of our modern social security system.


Source: thestar June 04, 2016 09:00 UTC



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