Coherent Identifier About this item: 20.500.12592/80vxjb

A pension in every pot

2008

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Summary

Canada's private retirement saving system serves some workers well and others not so well, depending on whether they have a career in the public sector or in the private sector. Public sector retirees enjoy indexed pensions, payable early and replacing a large percentage or pre-retirement earnings. Most private sector workers don't have a pension plan and their retirement incomes are often a fraction of what public sector workers receive.

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economics economy insurance finance inflation investment business employment investments labour old age pensions pension plans pensions retirement earnings pension benefits returns employee benefits rrsps rrsp registered retirement savings plan annuity (european) canada revenue agency

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