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Originally Posted by #-3
Again CPP is pretty much the best run public pension funds in the world.
Currently if you have been able to max it out you are going to get ~$15,000 annually. That means if you are a couple that expects to survive 20 years of retirement you will earn $600K in CPP benefits, after paying less than $200K over your career (and they are are increasing this every year). I for one plan to make it longer than 20 years in retirement with a maxed CPP account.
And they have plenty of Money in the fund to maintain it.
APP I would really worry that a party like the UPC so believe that they are good with economic because that's common wisdom, that they would do exactly what you are describing, and would assume that magically wouldn't screw things up.
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I’m not in favour of an APP, but the funds are managed by the government irrespective of the province or federal government. The Liberals have nothing to do with CPP, and the UCP (or NDP) would have nothing to do with the APP either. It’s professionally managed.