View Single Post
Old 07-07-2016, 10:10 AM   #367
iggy_oi
Franchise Player
 
iggy_oi's Avatar
 
Join Date: Nov 2007
Exp:
Default

From what I read in that article, I've come to the conclusion that the current pension plan is showing signs that it is viable, if Canada post is worried that it is a gamble to continue with I don't see why they can't try to make adjustments to the current plan in an effort to protect it from becoming a liability. If they have new employees paying into a new plan I don't see how that will help fix the current plan since it will only be old employees paying into it which will most likely lead to a greater deficit as there will be less and less employees contributing to it while more and more retirees will be withdrawing from it.
iggy_oi is offline   Reply With Quote