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Some Perspectives on Changing the Pension System

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Author Info
Peter Hicks
Cliff Halliwell
Benoît-Paul Hébert
Gordon Lenjosek
Abstract

This paper addresses the perceived difficulties in making changes to the retirement income system as a whole. We focus on public system reforms and observe some of the changes that have taken place in Canada and in a number of OECD (Organisation for Economic Co-operation and Development) countries. Reforming social institutions is never easy. We examine some of the preconceived notions or "myths" that create public resistance to reform. Further, the complexity of the retirement income system in Canada makes consensus difficult to achieve. Nonetheless, we argue that pension reforms can and should be made to ensure the delivery of promised benefits, and we demonstrate the efficacy of smaller-scale reforms.

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File URL: http://economics.ca/cgi/jab?journal=cpp&view=v34s1/CPPv34s1p015.pdf
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Publisher Info
Article provided by University of Toronto Press in its journal Canadian Public Policy.

Volume (Year): 34 (2008)
Issue (Month): s1 (November)
Pages: 15-20
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Handle: RePEc:cpp:issued:v:34:y:2008:i:s1:p:15-20

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  1. Monika Queisser, 1999. "Pension Reform: Lessons from Latin America," OECD Development Centre Policy Briefs 15, OECD, Development Centre. [Downloadable!]
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This page was last updated on 2009-11-13.

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