“Are you saving $14,180 a year for your pension? That is how much you would have needed to save – every year for the last 35 years – to pay yourself a pension equal to that of a federal public servant retiring today. That’s a lot of money and precisely why taxpayers are on the hook for an unfunded federal pension liability of $208 billion, according to a recent C.D. Howe Institute report.”
Many think that ACT New Zealand is a party for big business. It is a real tragedy that ACT suffers from this stereotype. It is a tragedy because the profile is so out of whack with the reality. I have …
Canada is increasingly seen as a country with a safer banking system and a steadier hand on the till. The latest international observer to notice this is the foreign affairs editor of Newsweek, Fareed Zakaria.
Will government-funded plans be there when we need ’em? Many of us don’t think so . . .
Citizens have more secure retirements when they have more say in their pension investments and government stays out of the way.
Canadians should not be held accountable for the government’s spending, by contributing more to the Canadian Pension Plan. It is clear based on the downfalls of central planning that what Canada needs are private pension plans.
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