In the final weeks before calling the federal election, the federal Conservative government announced consultations on a possible voluntary supplement to the Canada Pension Plan.
The Conservatives’ proposal allowing for individuals to make voluntary additional contributions to the CPP is deeply flawed, and will do little to help the over 11 million Canadians without a workplace pension.
In its submission to the consultations, CUPE outlines why a real expansion of the CPP is needed to address Canada’s growing retirement income crisis.
CUPE and the rest of the Canadian labour movement are advocating to expand CPP benefits through gradual increases to contributions made by workers and employers. This plan is the most efficient, effective and affordable way to ensure Canadians can retire with dignity and out of poverty.
The NDP is the only federal party committed to expanding the CPP. By electing Tom Mulcair and his NDP team we can stop this flawed and cynical consultation sideshow, and get the real leadership Canadians need on retirement security for all.