Shifting Public Sector DB plans to DC: The experience so far and implications for Canada

October, 2014

Robert L. Brown, PhD.FCIA, FSA, ACAS

Craig McInnes

What would be the impacts and implications of converting many of Canada’s major public sector pension plans from their current arrangements into individually controlled defined contribution (DC) plans? This is a worthwhile question to ask because several provincial-level political parties and a few policy advocates have been calling for a wholesale conversion of public sector pension plans to DC arrangements.

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