Quote:
Originally Posted by GGG
When CPP is considered a funded pension plan are they saying that the contributions made by people in the program today are sufficient to pay those people out or does it rely on future people to continue paying on and the population to grow by enough?
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It's funded based on the demographic assumptions. If they assumed flat population we'd have to pay even more to dig out of the hole from the early Boomers/Greatest generation.
That's a big reason why the government is pushing immigration so hard - our ability to pay for unfunded previous promises depends on it.