Ottawa’s pension liabilities understated by $80-billion: report

Posted by Kendall Harmon

The federal government is understating the liability for its employee pension plans by $80-billion because it does not use “real world” investment returns in its calculation, a new report says.

A C.D. Howe Institute study has concluded the federal liability for pension plans now totals $227-billion, which is $80-billion more than the government reports in its Public Accounts.

“Ottawa’s calculations do not reflect investment returns available in the real world,” says co-author William Robson, who is CEO of the C.D. Howe Institute.

Read it all.

Filed under: * Culture-WatchAging / the Elderly* Economics, PoliticsEconomyLabor/Labor Unions/Labor MarketPersonal FinancePensionsPolitics in General* International News & CommentaryCanada

1 Comments Posted December 13, 2011 at 3:44 pm

To comment on this article: To article and comments

<< Back to main page

The URL for this article is

© 2014 Kendall S. Harmon. All rights reserved.

For original material from Titusonenine (such as articles and commentary by Dr. Harmon) permission to copy and distribute free of charge is granted, provided this notice, the logo, and the web site address are visible on all copies. For permission for use in for-profit publications, please email KSHarmon[at]mindspring[dot]com