Will privatizing public pension plans spell disaster for the elderly, or is it a bold idea for coping with rising costs?

Major changes to the Canada Pension Plan (CPP) were made in 1998. Most likely on future agendas will be the abolition of the CPP and its replacement with a system of mandatory RRSPs. Monica Townson looks at the forces behind this push to privatize public pensions and examines countries where privatization has already taken place.

As the debate continues in the new millennium, Pensions Under Attack provides the information needed to question the agenda behind the push to privatize public pensions.

MONICA TOWNSON is an independent economic consultant working in the field of social policy. She has been a consultant to the United Nations Economic Commission for Europe, served on the Pension Commission of Ontario for eleven years and was a member of the Canada Pension Plan Advisory Board. She chaired the Ontario Fair Tax Commission which reported in 1993 after a three-year review of the tax system. She is the author of many books and studies and a frequent guest on television and radio.

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