CUPE says no to voluntary CPP

The union’s response: “no.”

Read: IFIC dislikes voluntary CPP

The other questions posed by the government “are all loaded questions that depend on a positive response to this first question,” CUPE says in its submission. “The bulk of the questions are therefore designed to stimulate replies favourable to the government’s proposal as a whole.”

The union then gives six reasons why it rejects a voluntary CPP :

• Canada faces a significant broad-based retirement income problem;
• Conservatives know a voluntary CPP supplement won’t work;
• another voluntary savings scheme won’t solve the crisis;
• employers would not be required to contribute;
• the proposed supplement would only provide insecure benefits; and
• the government should stop blocking real CPP expansion

To read the submission, visit CUPE’s website.

Also read:

• Liberals pledge to enhance CPP
• Implications of the voluntary CPP for employers
• Ottawa seeks feedback on voluntary CPP