Defined Benefit’s Retirement Value

Cases for the value of defined benefit.

July 6, 2012 - Tyler Meredith, research director at the Institute for Research on Public Policy (IRPP), and Robert Brown, former president of the Canadian Institute of Actuaries (CIA), join with other pension experts in warning a retirement crisis is heading our way, one that left unresolved will see a growing number...

The solution, he told the Alliance for Retirement Income Adequacy (ARIA), is both available and simple. A bigger CPP and Quebec Pension Plan (QPP) would fill the gap being created by the loss of so many DB plans, and would provide secure income to all working Canadians during their retirement years.

May 31, 2012 - The great debate on retirement – can Canadians save enough on their own – came to the University of Toronto’s Hart House May 30 ... the purpose of debate was to get both sides of the issue of retirement savings out to the public

“The unfortunate fact is that DC pensions generally haven’t increased their contributions and are instead a lot less adequate than they were expected to be a decade ago. This is a failure rather than a success of DC pensions.”