August 28, 2013
After five years of smaller reforms, Ontario should get on with fixing major shortcomings that remain in its workplace pension system, according to a report released today by the C.D. Howe Institute. In “Ontario Pension Policy 2013: Key Challenges Ahead,” author Barry Gros identifies the main flaws of the current system and urges the government, particularly through its new strategic pension reform secretariat, to proceed with needed reforms to ensure affordable pension plans that are sustainable and operate within a clear set of unbiased rules.