The Government of New Brunswick says it has substantial union support in tabling legislation to make the Public Service Superannuation Act more sustainable for plan members and more affordable for taxpayers.
Prince Edward Island reaffirmed its plans to make changes to its public sector pensions in this week's throne speech.
I am now going to publicly flip-flop and add my voice to calls for CPP expansion, which I now believe to be an inevitable development.
Ontario Premier Kathleen Wynne warns that unless retirement incomes are improved, Canada will suffer the consequences.
In its fall economic statement, the Government of Ontario said it would take steps to make the province's retirement income system better.
The Canadian Restaurant and Foodservices Association says enhancements to the Canada Pension Plan are worrisome for labour-intensive restaurant employers and will increase the cost of hiring workers.
Provincial and territorial finance ministers reached an agreement on conditions to expand the Canada Pension Plan on Friday.
The Government of Ontario wants the Canada Pension Plan (CPP) to be improved and will set up its own plan if needed.
The Professional Institute of the Public Service of Canada (PIPSC) wants New Brunswick to slow down the current pension reform process.
Reform of Canada’s public sector pension plans is no longer limited to active employees—increasingly governments are willing to address expensive components of retiree pensions as a part of their reform initiatives.