Tag: pension plan reform
![June,1,,2019,,Brazil.,In,This,Photo,Illustration,The,Social](https://crr.bc.edu/wp-content/uploads/2022/11/social_security_7-1536x1024.jpg)
The brief’s key findings are: In the United States, workers hold equities in their 401(k)s, fully exposing them to a stock market crash. Canada’s Pension Plan (CPP) offers an alternative approach –it pools equity risk, dampening the effects on individual households. The CPP responds to a market crash by prompting policymakers to modestly adjust taxes…