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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.

 

Barry Gros

Barry Gros is a pension actuary who retired from active consulting in Toronto in 2014. He just finished an 8-year tenure as the Chair of the pension board of the University of British Columbia Staff Pension Plan, a target benefit plan for the past 50 years.