Sentences with phrase «contribution pension plan targeted»
The PRPP is essentially a defined - contribution pension plan targeted at the millions of Canadians who currently have no access to a registered pension.
http://www.canadianbusiness.com/ Not exact matches
Nearly all state pension plans failed to meet their target rates of return in the years following the financial crisis, which has necessitated sharp increases in contributions from employers and employees.
The latest «solution» coming out of Ottawa, floated Thursday, is a new hybrid «target - benefit» pension scheme that would be a sort of middle ground between traditional defined - benefit pensions and the more market - oriented defined - contribution plans favored by modern employers.
This is the key idea behind target date funds, an increasingly popular option in employer - sponsored plans, such as defined contribution pensions and group RRSPs.