WhatFinger

Risk and Reward in Public Sector Pension Plans: a Taxpayer’s Perspective

Canadian taxpayers subsidize government pensions to the tune of $22 billion a year


Canadian taxpayers subsidize government pensions to the tune of $22 billion a year VANCOUVER—Government employees don’t pay the full cost of their defined-benefit pensions. Taxpayers provide a $22 billion annual subsidy by assuming undisclosed investment risks for which they are not compensated, finds a new study released today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank.
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