Deferring Receipt of Public Pension Benefits: A Tool for Flexibility

12 Pages Posted: 6 Aug 2018

See all articles by Antoine Genest-Grégoire

Antoine Genest-Grégoire

Université de Sherbrooke; Carleton University - School of Public Policy and Administration

Luc Godbout

FAC. ADM. Sciences comptables et de fiscalité

René Beaudry

Normandin Beaudry

Bernard Morency

HEC Montreal

Date Written: June 26, 2018

Abstract

Retirement savers would benefit from greater flexibility and security with a longer Canada and Québec Pension Plans (C/QPP) deferral period, according to a new report by the C.D. Howe Institute. In “Deferring Receipt of Public Pension Benefits: A Tool for Flexibility” authors Antoine Genest-Grégoire, Luc Godbout, René Beaudry, and Bernard Morency show that deferring receipt of public pension benefits makes retirement planning cheaper for Canadians who use capital accumulation plans such as RRSPs and defined contribution plans.

Keywords: Retirement Saving and Income; Adequacy of Retirement Savings; Individual Retirement Savings; Public Pension Plans; Seniors’ Benefits

JEL Classification: H55

Suggested Citation

Genest-Grégoire, Antoine and Godbout, Luc and Beaudry, René and Morency, Bernard, Deferring Receipt of Public Pension Benefits: A Tool for Flexibility (June 26, 2018). C.D. Howe Institute e-Brief 278, Available at SSRN: https://ssrn.com/abstract=3212899 or http://dx.doi.org/10.2139/ssrn.3212899

Antoine Genest-Grégoire (Contact Author)

Université de Sherbrooke ( email )

2500 bd de l'Universite
Sherbrooke, Québec J1K 2R1
Canada

Carleton University - School of Public Policy and Administration ( email )

Ottawa, Ontario
Canada

Luc Godbout

FAC. ADM. Sciences comptables et de fiscalité ( email )

2500 bd de l'Universite
Sherbrooke, Québec J1K 2R1
Canada

René Beaudry

Normandin Beaudry ( email )

Bernard Morency

HEC Montreal ( email )

3000, Chemin de la Côte-Sainte-Catherine
Montreal, Quebec H2X 2L3
Canada

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