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Fixing the U.S. retirement system – does Canada have the answers?

Past Event

Social Security-like reform worked in Canada – could it work in the U.S.?

Social Security-like reform worked in Canada – could it work in the U.S.?
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Social Security-like reform worked in Canada – could it work in the U.S.?

How Canada fixed its government employees pension plans
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How Canada fixed its government employees pension plans

Retirement security for low- and moderate-income workers
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Retirement security for low- and moderate-income workers

In recent years, Canada has significantly expanded and improved its retirement income and pension system. The Canada Pension Plan (CPP), which provides Canadians with income security in the case of retirement or disability, has been expanded, and its defined benefit plans for government employees has managed to avoid many of the funding problems plaguing comparable U.S. plans. The country is also making advances in expanding coverage to moderate-and-lower income Canadians. But there’s still work to be done, particularly in improving efforts to target policies to low-to-moderate income workers.

How was Canada able to achieve this expansion, and is there anything in the Canadian experience that Americans can use to advance retirement system reforms in the United States? On November 2, the Retirement Security Project at Brookings hosted an event with senior Canadian officials and American experts to discuss the Canadian system and its relevance to American policy debates.

Agenda

Welcome and introduction

Social Security-like reform worked in Canada – could it work in the U.S.?

Jason Fichtner

Senior Research Fellow, Mercatus Center - George Mason University

How Canada fixed its government employees pension plans

Jim Keohane

President and CEO - Healthcare of Ontario Pension Plan

Retirement security for low- and moderate-income workers

Conclusion

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