Making the ORPP Work

Posted on February 17th, 2015 by Actuarial Solutions

I have said on several occasions that I think that the Ontario Retirement Pension Plan (ORPP) is a bad idea and is in fact a worse idea than expanding the Canada Pension Plan. On December 17, 2014, the Ontario government released a consultation paper and in recent weeks, Ontario’s Associate Minister of Finance responsible for […]





Ready for Retirement

Posted on February 17th, 2015 by Actuarial Solutions

What is “Ready for Retirement”? If you trusted the media you would think that Canadians are obsessed with being able to afford to retire and that most of us are far from ready.  It also appears that the Province of Ontario believes that we are obsessed so much that they have taken it upon themselves […]





Can it get worse?

Posted on February 2nd, 2015 by Actuarial Solutions

February 2, 2015 – it took a little longer to get into work in the Tecumseh office this morning having to first dig out from about a foot of snow.  But the beauty of small town living is that even with longer commute times everyone is in today and the longest commute I heard from […]





Bob Dylan

Posted on December 31st, 2014 by Actuarial Solutions

When I was a kid growing up, my parents played music from the 1960s.  In some sense I was lucky that much of it was by great artists that pioneered rock and roll.  For some reason, the Beatles never really stuck with me – sure they have some great songs, but I was never hooked […]





Bad Idea #11 – ORPP – Comparable Plans

Posted on December 31st, 2014 by Actuarial Solutions

    On December 17, 2014, the Ontario Government published its consultation paper on key features for the Ontario Retirement Pension Plan (ORPP).  Basically, although the current Government is committed to some sort of quasi-universal program for Ontarians, they still have no idea how to design it.  I won’t spend time here explaining how bad […]