Quote:
Originally Posted by jstubbs
This sort of stuff scares the wits out of me as a young guy. All the baby boomers going into elder age on CPP are going to fully bankrupt this country (never mind the healthcare costs!) and I have zero faith in any governmental aptitude in figuring out a solution beyond taxing my future earnings to the moon and back.
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CPP is 100% funded by the worker and employee. The CPP has assets of over 200 billion, the baby boomers are not going to bankrupt anything, as they worked for a living.
http://www.cppib.com/en/public-media...year-end-2015/