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Expanding CPP is a Risky Bet: C.D. Howe Institute

Posted by on Jun 12, 2011 in Retirement | 0 comments

Expanding the Canada Pension Plan (CPP) is a risky route to addressing Canadian concerns about low incomes in retirement, according to a report released today by the C.D. Howe Institute. In “Don’t Double Down on the CPP: Expansion Advocates Understate the  Plan’s Risks,” author William B.P. Robson says advocates of an expanded CPP as a solution to retirement income worries too often promote it as a plan with guaranteed benefits that are fully funded. “The CPP is a gamble, not a guarantee: expanding the plan would raise the stakes on a bet most Canadians do not know they have made,” says Robson, who is President and CEO of the Institute.

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