Pensions preferred over higher pay

2020-08-17T12:26:51-07:00August 17th, 2020|Categories: Defined Benefit Plans|Tags: , , |

Eighty per cent of Canadians would rather have a better pension plan, or any pension plan, instead of a higher salary, according to a new survey. “[This idea that] people would actually forego some salary increase to get a higher pension is something that I think surprises, just the level of commitment to that,” says Jim Keohane, president and CEO of the Healthcare of Ontario Pension Plan (HOOPP) in Toronto, which commissioned the survey. The 80 per cent is [...]