Ask anyone in Ontario. What is the best pension plan out there? The answer I’ve most often come across is the Teachers’ pension! Not only is it widely touted (perhaps not by Teachers themselves) that they are paid well, but that they also seem to have the best pension plan in existence.
If you ask the same question of healthcare workers, they may also name the Teachers. But healthcare in much of the province has their own solid pension which many also rave about.
Do Ontario Teachers really have the best pension? Or do healthcare workers have the best? And what exactly does it mean to have “the best” pension? Are there better ones out there? And can we figure out all of this without the topic ending up dryer than sand-paper in the desert? And will we run into any cactuses along the way? And will I ever stop making really terrible desert jokes? Let’s find out!
Welcome to Pension Wars!
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