The analysis suggests that Canada does not face major challenges of financial sustainability with its public pension schemes… there is no pressing financial or fiscal need to increase pension ages in the foreseeable future.
“The analysis suggests that Canada does not face major challenges of financial sustainability with its public pension schemes… there is no pressing financial or fiscal need to increase pension ages in the foreseeable future.”—
So the federal government asked a couple economists to evaluate the sustainability of federal pension schemes. Here’s the result. Pensions are being cut and the retirement age is being jacked up anyway.
Somewhat tempted to go into policy work just so I can try to bury increasingly ridiculous sentences in the middle of these reports and rest totally assured that they’ll never actually be read.
(Source: The Globe and Mail)