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The 2015 federal budget's reduction of the mandatory minimum withdrawals from registered retirement income funds (RRIFs) and similar tax-deferred accounts will reduce the risk that many Canadians will outlive their savings. Yet with yields on safe investments so low, and longevity continuing to...
Persistent link: https://www.econbiz.de/10013019683
The unfunded liability in the pension plans for federal government employees was $90 billion higher than the reported number in 2013/14, says a new report from the C.D. Howe Institute. In “Ottawa's Secret Debt: The Burden and Risks of Federal Employee Pensions,” authors William B.P. Robson...
Persistent link: https://www.econbiz.de/10013022302