Monday, September 27, 2021

Pension Plan Context: If You Have One Or If You Are a Public Servant

As an example outlined in the article: $221B ÷ 311,000 Ontario teachers in the plan = $710,000 for ALL retired AND working teachers in Ontario. 

For the CPP, 519.6B for say 37M Canadians (whether contributing or receiving benefits) = $14,043.  Say only half of Canadians will contribute and appropriately receive CPP, that equates to $28,086 per Canadian. Of which public servants ALSO participate in. 

http://www.bnnbloomberg.ca/ontario-teachers-sets-targets-to-hit-net-zero-greenhouse-gas-emissions-1.1653347


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