‘Sweet spot’ between DB, DC pensions

Shared risk between plan sponsor, members may make target benefit a wise alternative

Pension plan sustainability has been a growing concern for years, but there hasn’t been much of a consensus on a solution. Calls for Canada Pension Plan (CPP) enhancements have gone unanswered by the federal government and those employers that do offer pension plans are migrating en masse from defined benefit (DB) plans to defined contribution (DC).

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