Quote:
Originally Posted by GGG
Isn’t this just an actuarial problem. Pick inflation, rate or return and lifespan conservatively and there shouldn’t be issues.
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In some cases it's the people in charge of these plans who are ringing the alarm bell. The manager of the Ontario Teachers Pension Fund has commented that a system where teachers collect pensions for longer than they've worked is unsustainable. Something has to give.
At the federal level, Harper took a long-overdo measure and increased the pension age to 67. But along comes Trudeau looking for votes and he rolls it back to 65 again. That's just delayed the pain.