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The Third Rail: Confronting Our Pension Failures Hardcover – Oct 29 2013


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Product Details

  • Hardcover: 192 pages
  • Publisher: Signal (Oct. 29 2013)
  • Language: English
  • ISBN-10: 0771046634
  • ISBN-13: 978-0771046636
  • Product Dimensions: 21.6 x 14.7 x 2.1 cm
  • Shipping Weight: 340 g
  • Average Customer Review: 4.4 out of 5 stars  See all reviews (14 customer reviews)
  • Amazon Bestsellers Rank: #19,509 in Books (See Top 100 in Books)


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4.4 out of 5 stars
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Most helpful customer reviews

Format: Hardcover
It is a well written narrative of the troubles - large deficits in meeting pension obligations, experienced by pension plans across a few cities in North America. As good narratives go, it provides human and circumstantial contexts of the issues, the resulting actions (imprudent in case of Central Falls), and a description of what will/should be the new normal for pension plans. The resulting actions, with the exception of Central Falls, were solutions that were drawn by studying the Dutch model.

In presenting the Dutch model the authors provide an adequate amount of history. They also describe the changes that this benchmark Dutch model is going through.

In summary, this book includes a good blend of scientific facts and the human stories that make for an engaging read.

My personal generalization from reading the book: The narrative provides a reminder that when faced with challenging circumstances one must resist the temptation to maintain status quo.
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Format: Kindle Edition Verified Purchase
This is a topic that will impact almost all Canadians, many directly and to a large degree. To date, most people have had their heads firmly planted in the sand, reading this book would be a great first step towards pulling them out.
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Format: Kindle Edition
Was a good read for me as I am preparing to address a conference on the topic of the Future of Defined Contribution in Canada.
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Format: Hardcover Verified Purchase
The writing was poor ; the other examples were poor and there was little insight in how to convince employers to stay with defined benefit plans.
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By dale robinson on Feb. 5 2014
Format: Hardcover Verified Purchase
Well written and informative. Brings light to what is a very important challenge to modern society.Good models of reform proposed.
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Format: Hardcover
An interesting read though the conclusion(s) was pretty obvious. We all have to share the risk when it comes to pension savings and payouts. But in the end we will all see reduced benefits.
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Format: Hardcover Verified Purchase
This information is so impritant to us and others in our demographic. We need to take care of ourselves because the goverment is not going to.
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