public sector pension schemes

Public sector pensions fare better in defined benefit model

Within the pension industry, thoughtful discussion about ideal pension plan designs has moved beyond the defined benefit versus defined contribution debate to focus on a broader range of pension plan designs and reform options. Canada, however, still has some policy advocacy groups and some political parties that are advocating wholesale conversion of Canada’s public sector pension plans from their diverse current arrangements to defined contribution. […]

Taxation of retirement schemes

CORPaTH2014-05-29T21:30:21-07:00May 29th, 2014|Categories: Retirement|Tags: pakistan, public sector pension schemes|

Pakistan’s present retirement schemes due to structural issues are far from achieving their desired objectives resulting in low/limited coverage and retirement asset far behind in terms of percentage to GDP. Nobody can afford to ignore the role of contractual savings of which retirement saving assets are the most important components in enhancing the country’s saving to GDP ratio. The OECD countries weighted average retirement asset to GDP Ratio is over 70%. In the absence of authentic data, the low [...]