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Author: John Myles
Publisher:
ISBN: 9780066018096
Category : Elderly poor
Languages : en
Pages : 21
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Book Description
This paper revisits trends in the level and distribution of income among Canadian seniors in the context of what is arguably the major source of change in these trends since the end of the seventies, the maturation of Canada's public and private earnings-related pension systems. The expanded role of earnings-related pensions in the 1980s and 1990s is largely the result of changes that occurred in the 1950s and 1960s. The Canada and Quebec Pension Plans (C/QPP) were implemented in 1966 and the first cohort to receive full C/QPP benefits turned 65 in 1976. Cohorts retiring after this period were also the beneficiaries of the expansion of private occupational pensions that took place between the 1950s and the 1970s. The author relies on a detailed decomposition of income by source to show that not only did the maturation of these earnings-related programs produce a substantial increase in average real incomes but also to a substantial reduction in income inequality among the elderly, due mainly to C/QPP benefits. Rising real incomes went disproportionately to lower income seniors contributing to the well-known decline in low-income rates among the elderly.
Author: John Myles
Publisher:
ISBN: 9780066018096
Category : Elderly poor
Languages : en
Pages : 21
Get Book Here
Book Description
This paper revisits trends in the level and distribution of income among Canadian seniors in the context of what is arguably the major source of change in these trends since the end of the seventies, the maturation of Canada's public and private earnings-related pension systems. The expanded role of earnings-related pensions in the 1980s and 1990s is largely the result of changes that occurred in the 1950s and 1960s. The Canada and Quebec Pension Plans (C/QPP) were implemented in 1966 and the first cohort to receive full C/QPP benefits turned 65 in 1976. Cohorts retiring after this period were also the beneficiaries of the expansion of private occupational pensions that took place between the 1950s and the 1970s. The author relies on a detailed decomposition of income by source to show that not only did the maturation of these earnings-related programs produce a substantial increase in average real incomes but also to a substantial reduction in income inequality among the elderly, due mainly to C/QPP benefits. Rising real incomes went disproportionately to lower income seniors contributing to the well-known decline in low-income rates among the elderly.
Author: Myles, John
Publisher:
ISBN: 9780660180922
Category : Elderly poor
Languages : en
Pages : 21
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Book Description
Author: Statistics Canada. Analytical Studies Branch
Publisher:
ISBN:
Category :
Languages : en
Pages : 21
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Book Description
Author: National Advisory Council on Aging (Canada)
Publisher: Government of Canada, National Advisory Council on Aging
ISBN:
Category : Business & Economics
Languages : en
Pages : 32
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Book Description
Author: Canada. Task Force on Retirement Income Policy
Publisher: Task Force on Retirement Income Policy ; Hull, Quebec : available by mail from Canadian Government Pub. Centre
ISBN:
Category : Governmental investigations
Languages : en
Pages : 420
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Book Description
Author: John Myles
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Book Description
This paper revisits trends in the level and distribution of income among Canadian seniors in is arguably the major source of change in these trends since the end of the seventies, the maturation of Canada's public and private earnings-related pension systems. The expanded role of earnings-related pensions in the 1980s and 1990s is largely the result of changes that occurred in the 1950s and 1960s. The Canada and Quebec Pension Plans (C/QPP) were implemented in 1966 and the first cohort to receive full C/QPP benefits turned 65 in 1976. Cohorts retiring after this period were also the beneficiaries of the expansion of private occupational pensions that took place between the 1950s and the 1970s. The author relies on a detailed composition of income by source to show that not only did the maturation of these earnings-related programs produce a substantial increase in average real incomes but also to a substantial reduction in income inequality among the elderly, due mainly to C/QPP benefits. Rising real incomes went disproportionately to lower income seniors contributing to the well-known decline in low-income rates among the elderly.
Author: John Burbidge
Publisher:
ISBN:
Category : Canada
Languages : en
Pages : 252
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Book Description
From the back cover: In this volume ... experts on the Canadian retirement income system look at the health of the system and the challenges that lie ahead. Two of the papers in the volume present specific policy proposals: William B.P. Robson argues that CPP funding be stepped up sharply and then gradually phased out in favor of a privatized plan, while Christopher Ragan opts for replacing RRSPs by a more general form of consumption tax. The book closes with three papers that, in effect, provide backgroun to the pensions debate. John B. Burbidge looks at the economic theory of transfers between generations; Newman Lam, Michael J. Prince and James Cutt examine the effects of demographic change on the CPP; and Paul Dickinson discusses six common misinpterpretations about the CPP.
Author: Canada
Publisher: Government of Canada
ISBN:
Category : Budget
Languages : en
Pages : 86
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Book Description
The budget includes measures to better target tax assistance for retirement savings. This document looks at various issues such as the sustainability of Canada's retirement income system (Old Age Security program, sustainability, implications of rising public pension costs, & principles for change of the OAS/GIS (guaranteed income supplement)); and at the Seniors Benefit (structure & operation of the new system, impact, examples of the new system). Annexes project levels of the Seniors Benefit in 5 years & for those age 60 & over.
Author: Grant Schellenberg
Publisher:
ISBN:
Category : Social Science
Languages : en
Pages : 160
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Book Description
This book attempts to document the ongoing, and especially the most recent, transformation of retirement in Canadian society. Such transformation is coming about because of such factors as the growing number of women retirees, changing economic conditions, types of jobs being created, involuntary or early retirement, and restrained government spending. The book examines changes in the transition to retirement along three dimensions: the timing of retirement, and specifically the trend toward retirement at younger ages; the process of retirement, sometimes preceded by a period of unemployment or non-standard employment; and the financing of retirement, including the sources of income and the distribution of income among retiree groups.
Author: Barry Edmonston
Publisher: McGill-Queen's Press - MQUP
ISBN: 077359082X
Category : Biography & Autobiography
Languages : en
Pages : 384
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Book Description
Current social and economic changes in Canada raise many questions. Will Canada's education system be able to maintain its competitiveness when faced with increasing globalization? Will the growing numbers of immigrants and their children be successfully integrated? How will Canada's social institutions respond to a rapidly aging population? The Changing Canadian Population assembles answers from many of Canada's most distinguished scholars, who reassess the current state of society and Canada's preparedness for the challenges of the future.
