Searching for answers to address the public pension crisis, the Canadians are turning to the Dutch – and the Americans might have something to learn.
A two-tier, shared-risk system put in place by the Canadian province of New Brunswick and its unions offers base benefits to retirees. More benefits are granted, though only if the fund reaches certain financial benchmarks.
The plan is the first of its kind in North America and, so far, has received little attention in the U.S.
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