Quote:
Originally Posted by Goriders
I think the point is demographic based. More young working aged comtributers with less elder consumers means you either need less contributions per person to fund it or the benefits go up if you maintain contribution levels.
Also assuming management costs would be less since dealing with a smaller group of people.
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Smaller groups/smaller investment fund will mean bigger management fees. Scale has its advantages. Also, do you really think the ucp would ever have a smaller fee regardless?
And what happens as our small province ages or if/when oil and gas revenue inevitably shrinks?