The Integration of Occupational Pension Regulations: Lessons for Canada
AbstractIs 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 CAPSA’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.
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Bibliographic InfoPaper provided by McMaster University in its series Social and Economic Dimensions of an Aging Population Research Papers with number 188.
Length: 44 pages
Date of creation: May 2007
Date of revision:
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occupational pensions; regulation; agenda-setting; problem definition; Canada; European Union;
Find related papers by JEL classification:
- D02 - Microeconomics - - General - - - Institutions: Design, Formation, and Operations
- D70 - Microeconomics - - Analysis of Collective Decision-Making - - - General
- G23 - Financial Economics - - Financial Institutions and Services - - - Non-bank Financial Institutions; Financial Instruments; Institutional Investors
- G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation
- H10 - Public Economics - - Structure and Scope of Government - - - General
- J26 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Retirement; Retirement Policies
- J38 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Public Policy
- J58 - Labor and Demographic Economics - - Labor-Management Relations, Trade Unions, and Collective Bargaining - - - Public Policy
- L38 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Public Policy
This paper has been announced in the following NEP Reports:
- NEP-AGE-2007-07-07 (Economics of Ageing)
- NEP-ALL-2007-07-07 (All new papers)
- NEP-REG-2007-07-07 (Regulation)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Scharpf, Fritz W., 2002. "The European Social Model: Coping with the challenges of diversity," MPIfG Working Paper 02/8, Max Planck Institute for the Study of Societies.
- William D. Coleman, 1992. "Financial Services Reform in Canada: The Evolution of Policy Dissension," Canadian Public Policy, University of Toronto Press, vol. 18(2), pages 139-152, June.
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