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Old 02-20-2013, 07:38 PM   #129
Cowperson
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Join Date: Oct 2001
Location: A pasture out by Millarville
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Quote:
Originally Posted by bizaro86 View Post

Basically, right now there's no plan to ever get to fully funded, but the contribution rate shouldn't have to go up much if at all to keep paying out the benefits promised, since the deficit is made up every year by people contributing more than the benefits they're earning are worth.
Like a ponzi scheme!!!!

Demographics will take care of that eventually. Canada will be trending towards one of the youngest populations in the world by 2050 because guys like me will be dead or long dead.

Cowperson
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