In Canada, there are three principal State pension schemes: CPP (RRQ in Quebec), OAS and GIS. Payments to pensioners under all three of these schemes are indexed to the CPI . This means that the pension income is adjusted with the inflation rate.
The result of this is that:

Question

In Canada, there are three principal State pension schemes: CPP (RRQ in Quebec), OAS and GIS. Payments to pensioners under all three of these schemes are  indexed to the CPI . This means that the pension income is adjusted with the  inflation  rate. 
 The result of this is that:

Accepted Answer

the  purchasing power  of the pension received by pensioners remains the same

Answer

people will be less  willing  to retire

Answer

the  inflation  rate will be lower

Answer

Canada remains a fair and equitable society

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In Canada, there are three principal State pension schemes: CPP (RRQ in Quebec),...

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