The federal government is proposing changes to laws governing pensions in federally-regulated sectors of the economy. And while we agree the laws need changing, the Harper government is sending them the wrong way.
The government’s proposals for ‘strengthening’ federal laws and regulations on pension do nothing to change the current “fend for yourself” approach to public pensions. Worse, they propose changes to regulations that would transfer risks and costs from investors and corporations to pensioners and workers.
CUPE members have an opportunity to let the federal government know that you reject the “fend for yourself” mentality.
The federal government has been holding consultation sessions in major cities, but is accepting submissions by email until April 17.
Support the CLC’s call for:
- An expanded Canada Pension Plan to take the pressure off private plans and offer efficient, secure defined pension benefits to nearly all Canadians
- A federal system of pension insurance - like the Canada Deposit Insurance Corporation (which insures bank deposits), but for pensions.
Please send an email by April 17 to Ted Menzies, the MP leading the consultations to let him know you want pensions to move us all forward.