If you’re discussing retirement planning and someone starts talking about a three-legged stool, don’t start searching for a place to put your feet up. The concept of the “three-legged stool” is about making sure your retirement plans are on steady ground.

Retirement income generally comes from three sources: government programs, your employer pension plan, and your personal savings. If one “leg” comes up short, it leaves your stool unstable.

Government Programs

In Canada, there are two main sources of retirement income- Old Age Security and Canada Pension Plan.

Old Age Security

Old Age Security (OAS) was Canada’s original government pension, and is available starting at age 65. OAS is…

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MEPP is pleased to announce that after an extensive review and tender process, the search for a new Actuary, Custodian and Private Markets Investment Consultant has now been finalized and awarded as follows: