Policy Forum: Pensions, Retirement Incentives, and the Role of Inflation

Tammy Schirle (Wilfrid Laurier University), Policy Forum: Pensions, Retirement Incentives, and the Role of Inflation, 71 Canadian Tax J. (2023):

This article describes the role of wage and price inflation for the retirement plans and well-being of registered pension plan members. The federal Public Service Pension Plan is used as an example to illustrate how wage and price inflation can be accounted for in pension design. Alternative scenarios illustrate the importance of pension plan provisions for the standard of living afforded retirees as well as incentives to delay retirement and continue working at older ages.