Defined Benefit’s Retirement Value

Cases for the value of defined benefit.

Canadians, according to research, want the kind of retirement security provided by a defined benefit pension plan, and they are willing to pay for it. Employers also enjoy the benefits of a defined benefit pension through the recruitment and retention value the model provides. And the stable income delivered to...

From Beijing to Washington and places between, Canada’s model of delivering retirement security is attracting positive attention. The Canada Pension Plan investment Board (CPPIB), for example, shared the story of the country’s national plan with the Chinese as that nation looks to bolster its own retirement...

It's no secret that a significant number of Canadians are simply unprepared for retirement, lacking adequate income to keep them in their senior years. Research shows that one in three Canadians experience retirement insecurity, with those closest to the retirement years, 55-64 year olds, having only an average of...

If reality tells one story but perception another, what do you do? Well, if you are Mark Machin, President and CEO of the CPPIB, and you want Canadians to know they can depend on their national pension plan, you hit the road to sell its merits. The message is clear, supported by facts and figures: the Canada Pension...

They are known as Maple Revolutionaries, efficient and effective providers of adequate retirement income. And the successes of these Canadian pension plans is garnering attention around the globe. Recently in Washington, American policymakers and other retirement stakeholders joined their Canadian counterparts at a...

Despite their political differences and loyalties, Americans remain united when it comes to one key concern: the provision of adequate retirement income. That’s the conclusion of a study by the National Institute on Retirement Security (NIRS), authored by Diane Oakley and Kelly Kenneally. The report, Retirement...

When Louis Malfaro, president of the Texas American Federation of Teachers (AFT), ponders a future without access to adequate retirement income, it’s not a promising picture he imagines. “If you wind the clock back 75 years, the majority of old people lived in poverty. That’s what we are going to head back to...