Is Canada’s Retirement Income System Working?

Jeremy Lise

Working Papers-Department of Finance Canada from Department of Finance Canada

Abstract: Using a pseudo-panel of cohort data and a straightforward decomposition of consumption, we address the question of whether Canadians are currently able to meet the goals set out in Canada’s retirement income system, and whether they are likely to meet them in the future. Specifically, do Canadians enjoy a basic minimum standard of living in retirement, and are they able to avoid a serious disruption in livings standards at retirement? We find the answer is yes to both of these questions, for current and future retirees. The results are presented in a clear graphical form that facilitates the decomposition of consumption profiles into age, year and cohort components.

À l’aide d’un pseudo-panel de données sur les cohortes et d’une simple décomposition de la consommation, nous abordons la question de savoir si les Canadiens sont actuellement en mesure d’atteindre les objectifs énoncés dans le système de revenu de retraite, et s’ils le seront à l’avenir. Plus précisément, les Canadiens ont-ils un niveau de vie minimal de base à la retraite et sont-ils en mesure d’éviter de subir une baisse sérieuse de leur niveau de vie à la retraite? Notre étude nous amène à répondre oui aux deux questions, et ce, dans le cas des retraites d’aujourd’hui et de demain. Les résultats sont présentés clairement dans une forme graphique, qui facilite la ventilation des profils de consommation par ˆage, année et composante de cohorte.

References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.fin.gc.ca/scripts/Publication_Request/r ... p?doc=wp2003-02e.pdf
Our link check indicates that this URL is bad, the error code is: 500 Can't connect to www.fin.gc.ca:80 (No such host is known. )

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:fca:wpfnca:2003-02

Access Statistics for this paper

More papers in Working Papers-Department of Finance Canada from Department of Finance Canada Contact information at EDIRC.
Bibliographic data for series maintained by Gustavo Durango ( this e-mail address is bad, please contact ).