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Why 68 or 70 should be the new 65
Tuesday, November 23rd, 2010
Nov. 23, 2010
[Next month] federal and provincial finance ministers meet in Alberta to discuss options for increasing Canada Pension Plan benefits and ways to pay for higher benefits. While a contribution rate increase is being considered, a retirement age increase is unfortunately not yet on their agenda. Members of Parliament will have the opportunity to put this option on the table, and they should seize it: A retirement age increase could break the reform stalemate, make the CPP more stable, maintain fairness across generations and help Canada reclaim its role as a world leader in pension reform.
Tags: budget, pensions, standard of living
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