Quote:
Originally Posted by SebC
Right, but that's (presumably) for the whole fund. As an individual, what matters to me is whether or not my CPP payouts will reflect this rate of return, or if I'm overcontributing to keep it "sustainable" and fund the retirements of the baby boomers.
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Which is precisely the rationale for an Alberta Pension Plan. The idea is not so much to assert independence, or a concern of the central government screwing us, but because Alberta's demographics are a lot younger than the rest of Canada. Albertans would likely have to contribute less than they have to now under the CPP, and likely receive a better payout when they retire, as the money has more time to mature.
I believe Quebec already has an autonomous pension plan.