Retirement has become an increasing issue of discussion partly because of the end to compulsory retirement and partly because of the decline in the value of many pension plans. This week’s poll explored a variety of retirement related issues. Key findings are that CEOs and business leaders on the COMPAS business panel:

• Continue to believe that keeping older employees on the job good for business;
• Perceive public sector pensions as unfairly generous compared to their private sector counterparts, for which reason a special Commission should be created for the purpose of rolling back their provisions;
• Judge the Canada Pension Plan to be a major failure, inadequate as a retirement tool for the average Canadian; and
• Plan to retire several years later than they had originally anticipated.

These are the key findings from this past week’s Internet survey of CEOs and business leaders on the COMPAS panel. The weekly business survey is undertaken for Canadian Business magazine under sponsorship of BDO Dunwoody LLP.

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