Quote:
Originally Posted by FlameOn
Between 2013-2022, the CPP posted the highest rate of return for any pension fund worldwide. There is absolutely no way a newly created APP can top that even in the impossible scenario where it remains independent of UCP coffers.
https://www.cppinvestments.com/for-c...-in-the-world/ |
100%. However an offsetting factor would be that, with our young working population, contributions would have more time to grow before being withdrawn.
I’m not saying that makes it a good idea. Just that, objectively, that would help offset the lower returns vs the superior management of CPP.
I’ve stayed in here I’m opposed, but I’d sure love to see some clearly laid out math to help inform my stance a little further.
Objectively assessing the content of things instead of frothy tribalism. Something the world and this thread needs more of.