1. Employees in Canada are required to pay into the Canadian pension plan. Suppose the government...

SUGGESTION

By reading it I  understood that the employers has to contribute certain percentage of their salary to their pension plans. And we discuss about that, how to change such system;

In my idea the government can introduce a new system, in which the amount deducted from the salary can use in a government funding agency by participating in the market, so if the government or the newly formed organization can use the fund in a proper manner the same amount can be given back to the employee, and hence in the next month there is no need of further reduction in salary. And this money will circulated in the market and there will be an active participation in market.

But the introduction of such an Organization is not much easy and the controlling of such Organization is very difficult and there is a risk involved in it. But if it is introduced, it will be a new idea which throw light on a new innovative idea.

The government has to contribute a great portion of it's expenditure on the pension funds of the employee, here it has a great burden over the government. But in this method there might be a reduction in the burden of the government.

OR

SUGGESTION

We can create an Employee Grading System and we can fix a grade, if the performance of the employee is over that grade they can be excluded from paying their part to the pension plan. Here the working efficiency of the employee is valued.

It is also an innovative idea that can be experimented in between the employees and which will Increase the working efficiency and their dedication towards the work, which in turn result in an economic progress. But the Criterias, under which such a classification is possible is limited or in other words it is such complicated.