Tag: Social Security
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-…
Introduction Do today’s retirees have sufficient income to meet their needs? This brief is the third in a series examining replacement rates for current retirees. The first one looked solely at Social Security, the single most important source of retirement income. The second one added employer-sponsored pensions and other financial assets to provide a mor…
