Private Pensions and Income Security in Old Age: An Uncertain Future -- Conference Report

Martin Hering and Michael Kpessa

Social and Economic Dimensions of an Aging Population Research Papers from McMaster University

Abstract: By all measures the private pension system in Canada is in difficulty. One estimate suggests that at the end of 2005 there were significant funding shortfalls in about three quarters of the traditional defined benefit pension plans that fall under federal jurisdiction in Canada. In order to discuss how vulnerable the current system is, to identify possible directions of reform, and to consider how to implement them, the conference on “Private Pensions and Income Security in Old Age: An Uncertain Future” brought together researchers, those who design and manage pension plans, and those responsible for pension policy, both from Canada and abroad. It was organized by the SEDAP Research Program and held in Hamilton, Ontario, in November 2006. This paper summarizes the presentations that were given in 10 conference sessions, covering issues such as pension regulations, poverty and income security in old age, policy options, reform obstacles, and international perspectives. Many of the conference presentations, including tables and graphs, are available on SEDAP’s website

Keywords: private pensions; public pensions; income security in old age; poverty in old age; defined-benefit pension plans; pension plan funding; pension plan coverage (search for similar items in EconPapers)
JEL-codes: G23 G28 G38 H55 I38 J14 J26 J32 (search for similar items in EconPapers)
Pages: 34 pages
Date: 2007-03
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Persistent link: https://EconPapers.repec.org/RePEc:mcm:sedapp:180

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