Further Reforms to Federal Pensions Required: C.D. Howe Institute

"The flaws in Ottawa's employee pension plans are so serious that these steps should - and almost certainly will - not be the end of the journey."


TORONTO, - While Ottawa's proposed reforms to the pension plans of federal employees and MPs are a move in the right direction, the deep flaws in these plans require more fundamental revisions, according to a report released today by the C.D. Howe Institute. In "Federal Employee Pension Reforms: First Steps - on a Much Longer Journey," authors William B.P. Robson and Alexandre Laurin argue that more sweeping reforms are needed to achieve better funding and a more reasonable division of obligations and risks between taxpayers and public servants.
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