implement this principle, pensions must be valued appropriately. Fair values are the best measure of a pension plan’s worth in a … transaction where employees provide their labour in exchange for compensation that includes a valuable pension. However … pension plans or for financial reporting in accordance with public-sector accounting standards. While the differences between …

Public-sector pension plans in Canada are generally large, efficient and well managed. Funding levels are healthy when … compared to private-sector pension plans in Canada and public-sector pension plans elsewhere. .And yet, all is not well. There … guarantees. Specifically, the financial markets attach high values to the guarantees embedded in public-sector pension plans …

In Italy, the ageing of the population is leading to an increase of the pension expenditures. Before Dini reform in …-contribution formula that penalizes the early retirement and assures lower benefits. However, some considerations put the sustainability of … the pension system for future generations under discussion. A multipillar system with capitalisation elements (public …

The limitations inherent in the traditional pension models – defined contribution (DC) and defined benefit (DB) – are … and the volatility of equity markets, over the past several years many DB pension plans have suffered significant solvency … deficits. As a result, plan sponsors have sought relief from higher contributions required under pension laws. Temporary relief …

Canadians successfully reformed the Canada/Quebec Pension Plans in the 1990s. Now we must do the same for the rest of … our Retirement Income System. This paper offers both a vision and a plan to provide a decent post-work standard of living … for the millions of Canadian workers currently accumulating insufficient retirement savings. …

Fear of lawsuits may inhibit employers from steering employees into defined-contribution pension plans and RRSPs, and … this threat would help employers act in good faith to enhance the retirement incomes of Canadians. …

-benefit pension plans. So are they just defined-contribution plans in disguise? …

With its Byzantine complexity and jurisdictional overlap, Canadian pension regulation makes it difficult for many … workers to save enough for retirement. Access to retirement saving room is inequitably distributed between public and private … sector workers. This paper offers some practical approaches to making Canada's private retirement saving system work – for …

In June 2012, the regulatory framework for a promising new retirement savings vehicle, Pooled Registered Pension Plans … (PRPPs), was passed into Canadian federal legislation. The hope is that PRPPs will improve pension coverage and retirement … retirement and from receiving retirement income in the form of a life pension. …