National
Pension Hub

We strive to offer local pension design insights as well as globally-relevant pension investment and governance research to establish Canada as a source for leading pension research.

Plan Design & Plan Adequacy


The boomer generation has just entered retirement. Population aging paired with a prolonged low interest rate environment has put the sustainability of pension arrangements in many Western countries under pressure. Moreover, future demographic changes may have a significant impact on capital markets, labour markets and long-term economic growth. Consequently, sustainable pension plan design that maintains pension income adequacy and meets comfortable retirement income targets is top of mind for the NPH.


TOPICS:

Impacts of Demographic Change on Individual Consumption Behaviour & on Financial Markets
Sustainable Pension Design
Retiree Saving Adequacy


Decumulation Options for Employer Pension Plan Design: Theory to Practice

Decumulation Options for Employer Pension Plan Design: Theory to Practice For years, policymakers, employer pension plan sponsors, consulting professionals, financial advisors, and academics have focused on accumulating retirement wealth. But with Canadian baby boomers now entering retirement – with longer life expectancy, fewer anticipated sources of family support, and a greater dependency on private savings… View Article

Designing Pension Plans for Fairness, Sustainability, and Transparency

Designing Pension Plans for Fairness, Sustainability, and Transparency Inadequacy of pure DB and DC plans lead to the development of some hybrid pension designs. Popular examples include the DB-underpin (also known as floor offset), Cash Balance, and second-election options. However, many DB underpin plans have been wound up as the DB guarantee became too costly…. View Article