Pensions and Retirement Security | National Union of Public and General Employees

Pensions and Retirement Security

October 27, 2009

The limited protection is the same as what Quebec government offered all pension plans in the province in January 2009.

October 23, 2009

Legislation will allow an employee who meets pension plan retirement criteria to continue working, and accrue additional benefits, while receiving pension benefits.

October 23, 2009

Average estimated solvency ratio of federally regulated DB pension plans at June 30, 2009 was 88 percent

October 16, 2009

The Netherlands (80.5) and Canada (76.2) scored highest in this index due to the level of minimum public pension and a relatively high net replacement rate of income for median income earners.

October 14, 2009

Only 30 percent of women have a formal financial plan to meet their retirement goals

October 7, 2009

The Human Resources Council for the Voluntary & Non-profit Sector is conducting a confidential survey which may be of interest to individuals aged 45+ planning to retire or make other work changes, or who are already retired.

 

September 29, 2009

"The contractual retirement age and associated post-employment benefits are cornerstones of our collective agreement, which has supported Air Canada pilots' careers for decades."

September 23, 2009

Old Age Security pension, paid to people 65 years of age and over, will remain unchanged at $516.96 per month

September 16, 2009

Labour movement is critical of the proposal because the supplemental plan wouldn't be mandatory and doesn't require employers to match employee contributions.

September 15, 2009

Retirees point out that they are forced to stand in line along with bondholders in order to retrieve the retirement savings and future disability payments Nortel promised before it went bankrupt.