Campaigns
August 17, 2010
100,000 tell Flaherty to keep his hands off our pensions
Petition delivered. 100,000 people signed PSAC's petition to safeguard Canada's public sector pensions. See National Vice-President Patty Ducharme deliver the petition to Minister Flaherty during a finance minister's conference in Charlottetown on June 13, 2010.
Your pension is working. The Public Sector Pension Investment Board, which invests your pension money, reported a 21.5% investment return in June for the year ending March 31, 2010. Check out the report the Board tabled in Parliament to find out how your pension is being invested.
Doubling the CPP. The Council of the Federation recently met in Winnipeg where federal and provincial pension reform was on the agenda. At stake is an increase in the Canada Pension Plan earnings for retirees. The Canada Labour Congress, of which PSAC is a member, has proposed doubling the benefits of the CPP.
Guaranteed pension benefits at risk. Defined benefit pension plans, which give you a guaranteed income upon retirement, are at risk of being replaced by defined contribution plans, whereby your benefits fluctuate depending on the performance of the market. PSAC is debunking the myths on the public sector pension plan and defined benefit plans.
Stayed tuned this fall to take action on protecting our pensions.
Date Modified : 2010/08/17
