2023/07/01 by Tammy Schirle · 1 voice
Business, Management and Accounting · Economics, Econometrics and Finance · Social Sciences · #Financial Literacy, Pension, Retirement Analysis #Fiscal Policy and Economic Growth #Retirement, Disability, and Employment
paper · doi:10.32721/ctj.2023.71.2.pf.schirle
openalex publication_date 2023/07/01 · openalex created_date 2025/10/10 · openalex updated_date 2026/05/21
This article describes the role of wage and price inflation for the retirement plans and well-being of registered pension plan members. The federal Public Service Pension Plan is used as an example to illustrate how wage and price inflation can be accounted for in pension design. Alternative scenarios illustrate the importance of pension plan provisions for the standard of living afforded retirees as well as incentives to delay retirement and continue working at older ages.