Quote:
Originally Posted by Goriders
The methodology for leaving the plan is in the CPP act. I haven’t read it but my guess is the calculated number is quite high and that’s why it wasn’t released. If it was lower why wouldn’t they have released it?
Not sure why people have issues around Alberta pointing out that they are getting taken advantage of under the current setup. Also don’t understand what the big uproar is around managing our own pension. Quebec does it, what’s the difference?
If the concern is derisking the investments you could literally invest in the same portfolio as the CPP currently does. I’m sure the overhead to manage it locally would be less that the CPP. That’s just money being left on the table. I’m guessing just by younger and more affluent demographic that Albertans are one of the larger contributers and not one of the larger consumers. That misbalance would also be addressed.
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I linked it for you along with the mathematical discussion on the differences between interpretation options. Go read it before posting incorrect info on this topic. It is not clear.