On the eve of the second decade of the new century, a renewed alliance between young and old would help Canadians trying to make a better life for more citizens. Much of current public policy debate turns around attempts to foster irrational fears about what the future holds. A prime example is attempts to manipulate public opinion by evoking threats an aging population pose for our public healthcare system. The next generation will stagger around covering the debts incurred to look after the health (and income) needs of retirees; we are told this so often people start to believe it.
canadian pension plan
Canada Pension Plan
Established by an Act of Parliament under the government of Prime Minister Lester B. Pearson, the Canada Pension Plan (CPP) has been in operation since January 1, 1966.
Originally, the CPP was intended to disburse benefits if a contributor were to become disabled, or to the family of a deceased contributor. Contemporarily, the CPP remains a contributory, income-based social insurance program.
Together, the CPP and Old Age Security (OAS) constitute two major components of Canada’s income retirement system.
To date, Quebec remains the only Canadian province to have opted out of the CPP. Alternatively, the Quebec Pension Plan (QPP) serves as the province’s equivalent to the CPP.
January 11, 2011 |
An Ontario Pension Agency which as a non-profit agency could, in net costs, save taxpayers the cost of high management fees associated with the private sector insurance business.
December 20, 2010 |
Instead of improving the Canada Pension Plan, Flaherty's proposal is a sign Canada’s banks and financial institutions have hijacked this important issue. Send Flaherty a message with form in article.
Pensions Newsmakers Breakfast
May 25 2010 - 7:45am
Location
Sheraton Hotel
150 Albert St.
OttawaCanada
45° 25' 15.1428" N, 75° 41' 53.5632" W
See map: Google Maps
Pensions Newsmakers Breakfast
Join a panel of policy experts and workers at a breakfast hosted by the
CUPE as they discuss solutions for fixing Canada's pension crisis.
A new perspective on pensions
A young worker, a national labour leader, a former chief actuary for the
Canada Pension Plan, a seniors' rights advocate, and a former Nortel
worker-turned-pension reform activist. All have recommendations for
Canada's finance ministers when they meet in Prince Edward Island next
month to talk pensions.
Speakers:
June 1, 2009 |
“This is really outrageous and it understandably offends people,” says James Clancy. “How can they possibly justify these bonuses when the fund lost over $23 billion dollars last year?"