"To make a difference, Canadians need to pressure our government to take on the issue of income inequality head-on." - James Clancy, NUPGE National President.
- See also Pensions and Retirement Security
This Labour Day in 2012, NUPGE celebrates the legacy of those who came before us and we commit to continue the fight for fairness.
In 2010, men accounted for 50.1% of total pension plan membership, while the percentage of women rose to 49.9%, a record level. In the early 1970s, men accounted for almost 75% of total membership in pension plans.
"We’re calling on this government to deliver a transparent budget that protects the services Canadians rely on and scrap costly programs like new prisons and fighter jets that don’t reflect the priorities of mainstream Canada.”
CPP benefits increase by 2.8 percent effective January 2012: Yearly Maximum Pensionable Earnings (YMPE) for 2012 set at $50,100
“The CPP offers an already existing administrative structure and framework to improve retirement benefits for working Canadians at relatively low cost.”
“Canada does not need yet another voluntary tax-assisted retirement savings program. It needs public pensions that provide all Canadians with a basic guarantee of adequate income.”
RRSP system is one of Canada's most expensive social programs, costing the federal and provincial governments over $17 billion in foregone tax revenue
"Workers are being told to work longer, pay more and receive less," said James Clancy, NUPGE National President. "We stand in solidarity with each and every UNISON member in the fight for decent pensions. Enough is enough."
The Pension Protection Act moves pensioners to the front of the line of creditors to be paid out during bankruptcy