Fred Vettese, chief actuary of Morneau Shepell, explains that defined contributions go into a trust fund that's protected, even if the employer goes bankrupt. (moneysense.ca)
If the OAS clawback threshold was reduced to $ 51,100 today as the Fraser report is suggesting, the pensioner who was earning $ 71,000 would see his OAS benefit reduced to about $ 300 a month, according to Fred Vettese, chief actuary at Morneau Shepell. (canadianbusiness.com)
Fred Vettese, chief actuary for Morneau Shepell, isn't so sure. (moneysense.ca)