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Save Defined Benefit Pensions. Stop C-27!


Stop Bill C-27

Bill C-27, introduced in Parliament last October, would substantially expand the ability of employers to offer target benefit pension plans, which provide a much lower level of security and predictability than defined benefit plans by shifting risks from employers to employees. This legislation could also signal that the government is considering similar action with respect to the Public Service Superannuation Plan.

Target benefit plans made headlines in 2013-2014 when the New Brunswick government passed laws to convert longstanding public sector defined benefit pension plans into target benefit plans. This has resulted in significant pension reductions and decreased benefit security for New Brunswick government employees, including many PIPSC members. The Institute is challenging this legislation in the New Brunswick courts.

I recently wrote to Finance Minister Bill Morneau to outline our concerns and to urge him to abandon this flawed piece of legislation. You can do your part to protect help the retirement security of Canadians by calling the Minister’s office at (613) 992-1377 and voicing your opposition to C-27. Let's ensure all working Canadians can retire in dignity.

Better Together!

Debi Daviau,
President

 

  • PIPSC submission to the Minister of Finance on Bill C-27
  • PIPSC submission to the Minister of Finance on Bill C-27
  • 16-MAY-2017 03:46 PM
  • The Professional Institute of the Public Service of Canada (PIPSC) is pleased to provide the following submission on Bill C-27, as requested in federal Minister of Finance Bill Morneau’s correspondence received March 2, 2017.
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  • C-27 Presentation
  • C-27 Presentation
  • 03-MAY-2017 01:45 PM
  • Bill C-27 introduces a new pension framework into the federal jurisdiction –Target Benefit plans.
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  • Demonstration against Bill C-27 - Ottawa, May 5, 2017
  • Demonstration against Bill C-27 - Ottawa, May 5, 2017
  • 03-MAY-2017 11:24 AM
  • Join fellow union members and other Canadians opposed to Bill C-27 and its attack on Defined Benefit pension plans on Friday May 5 at noon, at the Prime Minister’s Office (80 Wellington, across from Parliament Hill).
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  • C-27 Backgrounder
  • C-27 Backgrounder
  • 03-MAY-2017 10:22 AM
  • Everyone who supports Defined Benefit pension plans should be opposed to this proposed legislation.
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  • Bill C-27: Q&A
  • Bill C-27: Q&A
  • 03-MAY-2017 10:28 AM
  • Bill C-27 is a federal government-sponsored bill that would make it easier for employers to convert existing employee Defined Benefit (DB) pension plans to so-called Target Benefit (TB) plans.
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  • PIPSC defends retirement security
  • PIPSC defends retirement security
  • 08-NOV-2016 03:05 PM
  • Bill C-27, an Act to amend the Pension Benefits Standards Act, 1985 was introduced in Parliament by Finance Minister, Bill Morneau on October 19, 2016 for first reading.
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