U.S. Social Security program and Canadian Pension Plan (CPP) are facing multiple challenges and are expected to go through significant changes in the future. Changes in demographics accelerated by the aging baby-boom generation and other factors are expected to cause funding issues for the U.S. Social Security program in the next two decades. The presenters will discuss potential reforms to face these challenges and their impact on both active and inactive populations. The presenters will also discuss the recent reform and expansion of the CPP; the drivers for it, the changes it brings and the higher costs related to its funding.
At the conclusion of the webcast, attendees should be able to:
- Identify the main challenges that face the U.S. Social Security program;
- Explain the direction of potential reforms responding to these challenges, and their impact on the population; and
- Describe the main drivers that led to the Canadian Pension Plan (CPP) expansion, and explain the most significant changes it led to.
Co-sponsored by CIA
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1.50 SOA CPD
1.50 EA Non Core
1.25 CIA
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Fee:$144.00*Other discounts may apply
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Presented By:
Retirement Section
Canadian Institute of Actuaries
