ACPM proposes a framework for evaluating proposals to expand mandatory public pension plans in
Today's release, "ACPM Principles for Mandatory Public Pension Plans"* sets out the ACPM's views for the minimum principles that should be adhered to in any expansion of the mandatory public plans component of the Canadian retirement income system. These Principles note that lower income Canadians without workplace pensions are already achieving satisfactory retirement income replacement levels, while higher income earners without access to a workplace plan appear to be saving adequately on their own. It is middle income Canadians working in the private sector without access to a workplace plan that appear to need the most help.
ACPM also believes that Third Pillar workplace retirement plan coverage remains a critical component of the system. ACPM's Five Point Plan*, released in 2010, outlines the steps to providing universal access to retirement income coverage in
ACPM membership represents over 400 companies and retirement income plans that cover more than 3 million plan members, with assets under management in excess of
(*) Available at the ACPM website - www.acpm-acarr.com
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