rather analyzes one vital option that has received insufficient attention in previous debates: raising the normal retirement … significant increase in life expectancy raises the question of whether the current retirement ages of 60 years, for earliest CPP … the option of raising the retirement age needs to be discussed well before longevity increases or funding problems occur …

Like most other developed nations, Canada has a large income security system for retirement that provides significant … of appropriate data. We provide an empirical analysis of the retirement incentives of the Canadian Income Security (IS … IS system have large and statistically significant impacts on retirement. This suggests that program reform can play some …

for the “average worker” after retirement. While we know a lot about the first issue, the second has received less …-income retirees to maintain their pre-retirement living standards. However, we also show that there is considerable variation in … replacement rates. By age 75, about a quarter of middle-income persons had retirement incomes of less than 60 percent of the …

work strongly in the direction of even shorter durations of retirement and longer durations of work. These new pressures … retirement years in large numbers, increasing the demand for older workers. On the supply side, there will be a large in increase … market scenarios. Delaying work-retirement transitions by even this amount would have large, positive economic and fiscal …

eligibility and the pension contribution rate that would maintain the publicly financed component of the retirement income …

eligibility and the pension contribution rate that would maintain the publicly financed component of the retirement income …