NUPGE publishes the first of three reports on ideas that emerged from a series of 26 town hall meetings across the country to assess the way forward from the global economic collapse.
Pensions and Retirement Security
'It’s time to consider expansion of our public universal workplace pension plan, the CPP.' - Joan Jessome.
'Only 38% of paid workers have workplace pensions.'- Monica Townson.
The dream of 'freedom 55' will recede to a new reality of 'freedom 70' for many Canadians if the Conservatives get their way, says NUPGE president James Clancy.
'We support your position that the best fix to the current situation lies in expanding the Canada Pension Plan (CPP) and agree with your hesitations about the effectiveness of proposals for new provincial or inter-provincial pension plans.' - Larry Brown.
Ontario is asked to change legislation to permit the transfer of pension assets to the Ontario Municipal Employees Retirement System (OMERS).
Larry Brown, NUPGE's national secretary-treasurer, says the Harper government is misleading Canadians on pensions issues. Instead of responding effectively to the crisis, the government is stalling and even moving backward, he argues.
Average settlements of $16,000 now being made by Saskatchewan government.
Sets precedent likely to undermine pension plans across the country.
"It was reassuring to hear the OECD state so frankly that an effective pension system is not only socially necessary, but also one of the required responses to the economic crisis," says Larry Brown, NUPGE Secretary-Treasurer