With regard to the new Post-Retirement Benefit (PRB): (a) what is the purpose of the PRB; (b) what was the rationale for making it mandatory rather than voluntary for seniors who collect the Canada Pension Plan before age 65 and continue working; (c) what actuarial calculations have been made on the PRB’s premiums and potential payouts, and what are the results of those calculations; (d) what marketing has the government conducted to make Canadians aware of the PRB and how much was spent on it; (e) for what purposes are funds accumulated in PRB premiums allowed to be used?
In the House of Commons on January 30th, 2012. See this statement in context.