New Brunswick tackles pension sustainabilityShared-risk plans could provide road map for pension design for all firmsBy Jana Steele01/13/2014|Canadian HR Reporter|Last Updated: 01/13/2014 In 2012, New Brunswick introduced a new pension design: the shared risk plan (SRP). Shared risk plans and other target benefit designs are the pension plans of today and the future. New Brunswick is among the leaders in this significant change in the pension landscape in Canada.Why SRPs?New Brunswick recognized there were sustainability issues with certain defined benefit (DB) pension plans in the province that had to be addressed. The sustainability issues resulted from many factors including low interest rates, changing demographics and increasing life expectancy. To Read the Full Story, Subscribe or Sign In Remember Me Forgot Password If you are a current Subscriber, please click here to set-up or update your login information.