Pension Legislation

News and reports on current legislation effecting retirement income.

When it comes to taking advice, who better to get it from than someone who has walked the path you are about to embark upon? The first step in a new journey, from parenthood to retirement, is made easier if you gain a better understanding of what to expect and how to prepare. For workers contemplating retirement, the...

It’s one challenge to accumulate adequate retirement income, quite another to turn those savings into income to keep one through a retirement that can stretch 20 or 30 years due to longevity gains. Canadians in work environments that provide a defined benefit pension have an easier path to retirement than those...

The numbers are similar, confirming that the crisis of inadequate retirement income crosses borders, oceans and international time zones. Driven by a range of factors such as increased longevity, an aging population, dwindling occupational pension coverage, and inadequate retirement savings, policymakers and others...

It started as a lunch meeting but by the time it had finished, it became a meeting of the minds over the need to solve the retirement crisis by launching a new national program to deliver workers adequate retirement income. Pension expert and academic Teresa Ghilarducci, a renowned labour economist, broke bread with...

Saving for retirement can be a risky business, especially if one doesn’t have the security of a traditional pension. Numerous factors from lack of financial knowledge to market upheavals can imperil retirement savings, a stark reality constantly confronting individual investors. When volatility in markets spike,...

Perspective is valuable in figuring out how things turned out the way they did. And when it comes to the retirement crisis facing the United States and other countries, Tom Harkin’s views on the subject are well formed. When he went to Washington DC as a rookie Congressman in the mid-70s, representing Iowa’s...

“They want to take our promised retirement benefits from us, that were guaranteed to us. It’s our savings plan. We were promised them through our contracts, through our pension fund … we were promised them by our government which told us once you are retired those pension benefits are yours.” Michael...