Ahhh, Canada Pension Plan… The Chief Actuary makes a forecast every three years.
He or she says each time “We
are good for the next 75 years” !
The aftcast replies: "Maybe yes, maybe no! It all depends on how lucky we get"
In this case, as it is with
many other pension funds, “Luck” is the largest contributor of outcomes.
Full Report scheduled for September 17, 2017: