A New Year's resolution for your defined benefit pension plan
January 01, 2013
By Brent Simmons and Heather Wolfe
Canadians are living longer – which is a good thing. They can spend more time with loved ones and do the things they enjoy. Even better, many Canadians are sticking to their New Year’s resolutions to stay in shape! Living longer may also mean receiving pension payments for longer. Are Canadian Defined Benefit (DB) plans ready for the heavy lifting?