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

Pensions and Retirement Security

April 27, 2010

Changes permit joint trusteeship of the plan in the future

April 20, 2010

“Expanding the CPP would address the issue of coverage, security of benefits, and low cost of administration – all the key objectives of pension reform.”

March 30, 2010

C-501 would secure underfunded pension plans throughout bankruptcy proceedings

March 29, 2010

Court rejects $57-million deal to pay benefits to former and disabled employees until the end of 2010 in exchange for an agreement not to sue Nortel

March 27, 2010

CLC leader says Finance Minister will face backlash

March 27, 2010

Amendments provide immediate vesting of pension benefits and organizations with more than 50 employees will be required to have workers on their pension-management committee.

March 18, 2010

The budget contained no new initiatives around pensions reform and retirement security. Federal government ignores calls for National Pensions Summit, commits to only undertake consultations.

March 18, 2010

This marks second consecutive quarter of growth, however, the value of pension funds still 7.5 percent below the high reached in the second quarter of 2008.

March 2, 2010

“A great demographic divide exists between younger Canadians and those who are nearing retirement or already there. Younger Canadians clearly lack confidence in the viability of public and private pensions in the future, while older Canadians are much more confident.”  - Nik Nanos of Nanos Research

February 15, 2010

Most Canadians are worried about their retirement security. NUPGE is pressing the federal government to hold a national summit with a series of radio ads launched this week in the nation's capital.