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Published in view of the public consultation on the Québec Pension Plan, the document begins with a description of the Plan's place in the Québec system of retirement income security. It then deals with the financial state of the Plan, suggesting ways to adapt the Plan to new family realities and to the changes taking place in the labour force. Finally, the document explores two new possibilities for improving the Plan in the future.
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This study (published in French only) complements the working paper Toward a Stronger and Fairer Québec Pension Plan. It measures the consequences of the avenues of solution proposed in the working paper for Plan contributors and future beneficiaries. Details on the calculations underlying the examples in the study are given in an appendix.
The purpose of the update (published in French only) is to present the financial situation of the Québec Pension Plan as at 31 December 2008 by taking into account the results observed since the last regular actuarial report, prepared as at 31 December 2006. The update also provides revised financial projections on the Plan's financial situation and a revised steady-state contribution rate.