Program will not benefit majority of Canadians preparing for retirement.
Pensions and Retirement Security
“When workers, through their unions, are able to bargain freely for decent wages, benefits and pensions, there are benefits for the middle class and for society as a whole." - Ken Georgetti, CLC President.
Finance minister has proposed major changes to Ontario's public sector pension plans.
Ottawa (31 July 2012) – Several dozen public sector workers, social activists and local labour leaders demonstrated outside of Premier Dalton McGuinty’s Ottawa constituency office last week in opposition to proposed changes that could take away control workers have over their own retirement funds.
Stand up for democracy by joining the June 13 protest agains tthe Conservative's budget bill.
The Conservative government, with its Parliamentary majority, is pursuing an agenda of fiscal austerity, cuts to public services and jobs and a renewed determination to attack trade union righs, all while giving further tax breaks to corporations.
According to the Parliamentary Budget Officer, Kevin Page, Old Age Security is sustainable - despite what the Harper government is telling you.
The CPP remains the most stable pension fund in the country, funded on a sound basis and well managed by professional staff independent of government.
Of course, the country can afford pensions for some people. Pretty good pensions, in fact. CEO’s and the Executive ranks are doing quite OK in their retirement.
On January 19, 2011, NSGEU president Joan Jessome sent the following letter to the editor of the Chronicle Herald in response to an article by Dan Leger. It has yet to be printed.
'Could save taxpayers the cost of high management fees associated with the private sector insurance business and make pension coverage more effective and affordable.'