Quote:
Originally Posted by Bobblehead
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I had never seen that review, thanks for posting it. The problem with this review is it doesn't see to address the key concerns I have with the future of the CPP. They say everything is working properly, but it doesn't go into any detail as to the why and how. In addition, any report coming from a .gc.ca website that proclaims everything is great raises a red flag in my mind.
Here's a report from the CTF:
http://www.taxpayer.com/main/oped.php?oped_id=65
The key issues are the decreasing number of taxpayers for every retiree collecting benefits and the tax increases that have been necessary to keep the CPP funded.
If I can find a good link for the unfunded liability I'll post it.
Honestly though, I hope the CPP is fine and I'll get the $866 a month when I'm eligible. I doubt I will and have conscientiously avoided using that income in any retirement plans I've made.