Options For Pension Reform Expanding the Canada Pension Plan


In the current debate about reforming Canada’s retirement income system, there is growing support for expanding the Canada Pension Plan as the best way to ensure all Canadians have adequate incomes in retirement. The plan covers virtually all Canadians; it provides them with an indexed defined benefit retirement pension that doesn’t depend on stock market ups and downs; it is a stable and well-run plan, and trusted by workers and their families. But benefits are too low to provide an adequate income in retirement. 

Publication date: 
Apr 2010
Monica Townson
Canadian Centre for Policy Alternatives
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