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Introduction The Social Security Trustees have just issued their 2006 Report on the financial outlook for the system. The Report uses three sets of cost assumptions — high, low, and intermediate. This brief focuses on the intermediate assumptions and puts this year’s numbers in perspective……
Introduction Canada, like the United States, has developed a retirement income system that relies on both public and employer-sponsored plans to provide a reasonable level of old-age income. Canada’s public programs largely focus on assuring a basic old-age income and provide quite modest benefits to higher-income workers. Canada’s employer plans provide significant topups for middle-…