The Nova Scotia government is in the process of finalizing amendments to the Pension Benefits Act to introduce phased-in retirement to the Nova Scotia labour force.
Recently, questions and concerns have been raised about the adequacy of future retirement income for certain members of the Canadian population. These concerns have received particular attention in light of the global ecomonic downturn and other emerging issues, such as longer life expectancy, imminent baby boomer retirements, and declining private pension plan coverage.
But who's going to explain them to you? Or maybe more importantly, who's going to explain whether the changes mean anything to you?