1.0Policy Optionshttps://policyoptions.irpp.org/fr/rich600338<blockquote class="wp-embedded-content" data-secret="5Q4KBMTWBA"><a href="https://policyoptions.irpp.org/fr/2015/10/the-inconvenient-truth-about-pension-reform/">The inconvenient truth about pension reform</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://policyoptions.irpp.org/fr/2015/10/the-inconvenient-truth-about-pension-reform/embed/#?secret=5Q4KBMTWBA" width="600" height="338" title="“The inconvenient truth about pension reform” — Policy Options" data-secret="5Q4KBMTWBA" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script> /*! This file is auto-generated */ !function(d,l){"use strict";l.querySelector&&d.addEventListener&&"undefined"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!/[^a-zA-Z0-9]/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret="'+t.secret+'"]'),o=l.querySelectorAll('blockquote[data-secret="'+t.secret+'"]'),c=new RegExp("^https?:$","i"),i=0;i<o.length;i++)o[i].style.display="none";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute("style"),"height"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):"link"===t.message&&(r=new URL(s.getAttribute("src")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener("message",d.wp.receiveEmbedMessage,!1),l.addEventListener("DOMContentLoaded",function(){for(var e,t,s=l.querySelectorAll("iframe.wp-embedded-content"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute("data-secret"))||(t=Math.random().toString(36).substring(2,12),e.src+="#?secret="+t,e.setAttribute("data-secret",t)),e.contentWindow.postMessage({message:"ready",secret:t},"*")},!1)))}(window,document); </script> https://policyoptions.irpp.org/wp-content/uploads/2025/08/Hicks-figure.png9261080Canada’s retirement income system has attracted much attention in recent years, and there have been pension reform proposals at the national and provincial levels. Many of the proposed reforms are thoughtful and appear to be feasible. However, as this debate has unfolded policy analysts as well as governments have failed to examine two critical questions. […]