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The integration of occupational pension regulations

19 Jun 2007

Is the integration of occupational pension regulations across the Canadian provinces feasible? In this paper, we assess the proposal for harmonization made by the Canadian Association of Pension Supervisory Authorities (CAPSA) by comparing it to the EU's successful integration of member states' pension regulations. We argue that CAPS's initiative failed both because regulatory diversity was defined as a fundamental problem and because the regulations that serve social policy goals were not protected from integration. We suggest that occupational pension integration in Canada would be feasible if provincial governments largely excluded rules on benefits and relied primarily on the mutual recognition of regulations.
government politics economy canada copyright employees employers employment labour labour law law old age pensions pension plans pension schemes retirement european commission council of the european union european parliament freedom to provide services parliament pension occupational pensions occupational pension retirement benefits unions consensus decision-making advocacy group european single market the european union

Authors

Hering, Martin

Pages
44
Published in
Canada

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