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

Pensions and Retirement Security

July 3, 2008

Only 38.1% of paid workers had a registered pension plans in 2006

June 24, 2008

Damages claimed for Nortel's 'failure to provide to their employees reasonable notice of the changes to the pension plan.'

Ottawa (25 June 2008) – A class-action lawsuit has been filed on behalf of employees of Nortel Networks from across Canada regarding recent changes made to their pension plan. The lawsuit was filed in Ontario Superior Court yesterday by the Ottawa law firm of Nelligan O'Brien Payne LLP.

June 22, 2008

The biggest corporate takeover in Canadian history – the purchase of BCE Inc. by a group led by the plan

June 5, 2008

Increase is 0.7 percent over the previous quarter

Ottawa (6 June 2008) —Human Resources and Social Development Canada today announced the latest benefit rates for Old Age Security (OAS).

June 2, 2008

Head of Ontario Teachers Pension Plan calls for National Pension Reform Summit

May 29, 2008

Tthe ability of Canadians to put away adequate retirement savings is in jeopardy: C.D. Howe Institute proposes "a practical solution to the problem" – the Canada Supplementary Pension Plan

Toronto (30 May 2008) – Shortcomings in workplace pensions and individual retirement saving plans mean millions of Canadians face large declines in living standards when they retire. The answer, according to the C.D. Howe Institute is a major new supplementary pension plan for Canadians.

May 27, 2008

France's government wants to extend the period of pension contributions from 40 to 41 years.

May 22, 2008

The biggest corporate takeover in Canadian history hits a roadblock

May 11, 2008

Retirements have been increasing rapidly in the federal public service as the leading edge of the baby boom generation calls it quits

May 7, 2008

Many of the DC plans and RRSPs available to Canadians 'will not contribute meaningfully to an adequate retirement income'