Polling data contradict CFIB claims that small businesses oppose Canada Pension Plan reform
Pensions and Retirement Security
- See also Retirees.
Canadian pension funds increase in value by 2.5 percent in fourth quarter of 2009
Bill C-501 would grant pension plans secured status during corporate restructuring and bankruptcy proceedings.
The rate of participation in pension plans increased slightly for women, while men registered a small decline.
“These huge cuts target low-income Greeks and those most vulnerable such as women”
“Workers need access to low-cost, well-managed additional pension arrangements to achieve their retirement goals.”
CPP Fund Totals $127.6 Billion at 2010 Fiscal Year-End
Major changes include immediate vesting of pension benefits and allowing pension surplus to increase to 25 percent.
Ottawa (13 May 2010) – A series of proposed changes to the legislation governing federally-registered pension plans, the Pension Benefits Standards Act, 1985 (PBSA) are winding its way through Parliament. The changes are part of omnibus legislation known as Bill C-9, an Act to implement certain provisions of the 2010 federal budget tabled in Parliament back in March.
Changes permit joint trusteeship of the plan in the future
“Expanding the CPP would address the issue of coverage, security of benefits, and low cost of administration – all the key objectives of pension reform.”