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Redistributive Effects of Canadas Public Pension Programs
The Life Simulation System
2.5 per cent Age Cohort aggregate earnings assumed average Benefits from CPP/QPP billion Canada Pension Plan Canada's Public Pension Consumer Finances contributions and benefits contributor Council CPP/QPP benefits demographic assumptions Demographic Growth Assumptions Denton divorce educational achievement efits entry-age-normal rate Family Status fully funded rate future gis benefits growth of earnings immigration income taxes individual's individuals labour force participation Lifesim model Lifetime Benefits LIRI log normal distribution marital status marriage married couples medium assumption Medium Demographic Growth mortality rates number of children oas and gis oas/gis orphan's benefits pay-as-you-go rate Pensionable Earnings Permanent Earnings Class predicted present value province Public Pension Programs Quebec Pension Plan rate of discount rate of growth rate of return real rate real terms regression school enrolment self-employed Simulation System social security wealth spouse Table 9 Thousands of 1977 tion transfer income unemployment univ value of benefits value of contributions Women with children