Searching for answers to address the public pension crisis, the Canadians are turning to the Dutch – and the Americans might have something to learn.
A two-tier, shared-risk system put in place by the Canadian province of New Brunswick and its unions offers base benefits to retirees. More benefits are granted, though only if the fund reaches certain financial benchmarks.
The plan is the first of its kind in North America and, so far, has received little attention in the U.S.
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
