pension crisis

Pension Primer – Some of the concepts explained

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April 2, 2009
Pension Primer – Some of the concepts explained

When I began to study pensions many years ago there were some concepts that I did not initially understand and were confusing but became clearer after I studied them in action. Pension Types In Canada there are two types of pensions. There are defined contribution plans and there are defined benefit plans. The best...
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The end of part one

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March 7, 2009
The end of part one

Over the past several years as part of my business I have watched the problem of public sector pensions. The problem has grown much more serious, painful and acute in just the last year. In the early days of media and general public recognition of the public sector pension problem very few commentators discussed...
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Pension and Public Sector Reform Gaining Steam

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February 11, 2009
Pension and Public Sector Reform Gaining Steam

As the financial crisis worsens some public figures are stepping up to reform the system. It may be an impossible task but is essential to economic recovery. All world citizens are faced with the same challenges in this financial crisis. The Governor of the State of Rhode Island made a speech that will be...
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The Biggest Economic Issue for 2009 will be Pensions

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February 10, 2009

As the world starts to understand the implications of the biggest economic melt-down ever, pensions are emerging as a major economic issue. We have seen the headlines over the past few weeks as media in Europe and North America look at and examine the impact of the current economic situation on public sector pensions....
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Forbes Article, Gilt-Edged Pensions – How much are they really worth?

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January 31, 2009
Forbes Article, Gilt-Edged Pensions – How much are they really worth?

Forbes came out with an article last week about the lucky stiff retiring on a public sector pension. The article tells the story of the stiff retiring four years ago at age 42 with a $65,000 per year pension. The pension is indexed for life, that is guaranteed to increase every year. Forbes places...
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