Malcolm Hamilton

Malcolm Hamilton is a Senior Fellow with the CD Howe Institute and a retired pension actuary. He spent 33 years at Mercer where he advised large pension plans in both the public and private sectors. Mr. Hamilton graduated from Queen’s University in 1972 as the Gold Medalist in Mathematics.

Recent Research by Malcolm Hamilton

Risk and Reward in Public Sector Pension Plans: A Taxpayer’s Perspective
— Dec 6, 2018
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Risk and Reward in Public Sector Pension Plans: A Taxpayer’s Perspective

Risk and Reward in Public Sector Pension Plans: a Taxpayer’s Perspective finds that government employees don’t pay the full cost of their defined-benefit pensions, and in fact, taxpayers provide a $22 billion annual subsidy to public sector pensions by assuming undisclosed investment risks for which they are not compensated.

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