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Pension news and media

  • Save Defined Benefit Pensions. Stop C-27!
  • 12-DEC-2016 02:19 PM
  • 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.
  • 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.
  • New-Brunswick Constitutional Challenge Update No. 2
  • 01-MAR-2016 03:13 PM
  • A statement of claim was filed on February 26 2016. The argument in this action is that Bill 11, which enacted a new Shared Risk Pension Plan for New-Brunswick civil servants is unconstitutional.
  • NB Constitutional Challenge
  • 28-JAN-2016 11:54 AM
  • On December 30, 2015, a notice of action was filed in the New-Brunswick Court of Queen's Bench and served on the government of New-Brunswick.
  • “Pension Cut Bill Now Drafted”, published in Blacklock’s reporter on September 22, 2015
  • 25-SEP-2015 08:45 AM
  • Earlier this week, Blacklock’s Reporter, an Ottawa-based online publication specializing in public service and related issues, published an article about the federal government’s ongoing efforts to allow federal Crown corporations and other federally- regulated entities to convert their Defined Benefit (DB) pension plans to a Target Benefit (TB) model.
  • Press Release - CUPE Holding Premier to Campaign Promises
  • 29-JUL-2015 10:53 AM
  • At a press conference today, the Canadian Union of Public Employees (CUPE) called upon Premier Brian Gallant to honour his campaign promises to sit down at the table with groups representing civil servants and retirees to look at alternatives to the previous Conservative government’s pension reforms.
  • Target Benefit Plans: Fact Sheet
  • 30-MAY-2014 03:15 PM
  • On April 24, 2014, the federal government announced the start of public consultations on the potential introduction of Target Benefit Pension Plans (TBP) for employees of Crown Corporations and federally-regulated workers.
  • Institute Responds to Auditor-General’s Spring 2014 Report
  • 07-MAY-2014 08:35 AM
  • Earlier today, the Auditor-General’s released his Spring 2014 Report, which includes an examination of the public sector pension plans that cover employees of the federal public service, including the RCMP, as well as members of the Canadian Forces.
  • Support the Expansion of the Canada/Québec Pension Plans
  • 20-DEC-2013 08:00 AM
  • Since 2010, Canada’s finance ministers have been talking about improving the Canada and Quebec Pension Plans (CPP/QPP), but every time they get close to an agreement, the federal government gets in the way – as it did again just a few days ago (December 2013).
  • From New Brunswick’s Public Service Superannuation Act to a Shared Risk Plan
  • 18-SEP-2013 01:27 PM
  • Since the fall of 2012, unions representing New Brunswick’s public service employees have been invited to regular meetings with the task force established by the provincial government to implement a Shared Risk Pension Plan intended to replace the current pension plan managed under its Public Service Superannuation Act (PSSA).
  • Public Service Pensions – Our perspective
  • 26-NOV-2012 12:42 PM
  • It is the Institute’s position that the view that Canada can no longer afford defined benefit pension plans is wrong, and it is wrong for this government to think that it can achieve the goal of income security at retirement without them.
  • A Message from the President About Bill C-45
  • 18-OCT-2012 03:45 PM
  • Earlier today, Treasury Board President Tony Clement introduced changes to pensions for public service employees and Members of Parliament as part of Bill C-45.
  • New Online Video Series About the Public Service Pension Plan
  • 24-JUL-2012 01:42 PM
  • This “You and Your Pension Plan” online video series helps public service employees better understand their pension plan.(This link will take you to an external website. Please note some employers may restrict access to external Web sites.)
  • Reaction to attacks on the Public Service Pension Plan by the C.D. Howe Institute
  • 03-APR-2012 08:22 AM
  • The C.D. Howe Institute (CDHI) is a right-wing brain trust that has been intent on attacking public service pensions, stating that they are not sustainable. This runs contrary to the estimates made by the government’s Chief Actuary in the periodic statutory reports on the Public Service Pension Plan (PSPP).
  • Public Service Pensions: the Issue
  • 14-MAR-2012 03:35 PM
  • It is anticipated that the government may be considering changes to the Public Service Pension Plan (PSPP) to ease the national debt.
  • Pensions - The Institute's Perspective
  • 14-MAR-2012 08:30 AM
  • The government is considering various options in dealing with the national deficit and one of the choices being considered consists of reductions in public service pensions.
  • Retirement Planning Webcast
  • 07-MAR-2012 08:47 AM
  • As part of its continued commitment to inform, educate, and provide value-added services to our membership, the Institute is pleased to present another chapter in the Learning and Information Web cast modules.
  • The CFIB: Here We Go Again !
  • 02-DEC-2011 08:59 AM
  • As you know, the Canadian Federation of Independent Business (CFIB) never misses an opportunity to distort the facts about public service pensions.
  • Response to an article published in the Ottawa Citizen on July 27, 2011
  • 02-AUG-2011 11:38 AM
  • The title of Amy Minsky’s article certainly hits the nail on the head – organizations that promote a less-is-more approach to addressing retirement security issues in Canada are simply unwilling to cast aside their ideological rhetoric and look at the situation objectively.
  • Support the Canada Pension Plan!
  • 23-DEC-2010 03:18 PM
  • After meeting with his provincial counterparts in mid-December, it seems that federal Finance Minister Jim Flaherty may be backtracking on his previous commitment to strengthen the Canada Pension Plan (CPP). Something must be done to remind him that this is NOT a good idea.
  • Retirement Planning Sessions
  • 22-SEP-2010 07:55 AM
  • Many PIPSC members will be retiring in the coming years. Are you one of them? If so, you may want to attend one of our retirement planning sessions. These sessions are very relevant and timely, as they provide an overview of the financial landscape you will encounter in retirement.
  • Response to an article on pensions published in the Financial Post
  • 10-AUG-2010 08:37 AM
  • You can always count on the Canadian Federation of Independent Business (CFIB) to disseminate inaccurate and misleading information regarding public service pensions in its ongoing attempt to rid the business community of the “burden” of providing decent retirement plans and pensions for its employees.
  • Canada's Finance Ministers meet in PEI To Discuss Pension Reform
  • 16-JUN-2010 03:10 PM
  • On June 13 and 14, 2010 federal Finance Minister Jim Flaherty met with his provincial and territorial counterparts to discuss, amongst other issues, the results of the public consultations held on pensions held across Canada earlier this year.
  • Response to an article on pensions published in Le Droit
  • 25-MAY-2010 11:26 AM
  • Another week and another misinformed and misleading attack on public service pensions on the part of Catherine Swift and the Canadian Federation of Independent Business (CFIB). This time the lack of proper pensions for private sector workers is somehow being pinned on government employees.
  • Response to an article on pensions in the Vancouver Sun
  • 17-MAY-2010 01:34 PM
  • It is unfortunate that the Canadian Taxpayers Federation’s contribution to the critical national debate on the retirement security of Canadians is based on the tired and flawed arguments that were repeatedly put forward by right-of-centre think tanks in the months leading up to the 2010 federal budget.
  • Public Consultations on Retirement Security
  • 29-APR-2010 10:59 AM
  • On April 27, 2010 several PIPSC members participated in a town hall meeting held in Québec City, part of the federal government’s public consultation process on Canada’s retirement income system.
  • PIPSC supports improved retirement security for all Canadians
  • 01-APR-2010 01:33 PM
  • As you know, in the months leading up to the 2010 federal Budget, the Canadian media reported extensively on comments made by pro-business groups to the effect that public sector workers, most notably those employed by the federal government, enjoy “unfair” or “overly generous” pensions.
  • Post-Budget update on pensions
  • 17-MAR-2010 08:00 AM
  • The 2010 federal Budget was tabled before Parliament earlier this month. Institute elected officials and staff have thoroughly reviewed the document to determine its impact on members, particularly on the issue of pensions and benefits.
  • Meeting between President Gary Corbett and Stockwell Day
  • 18-FEB-2010 07:43 PM
  • Treasury Board President Stockwell Day and I had first made telephone contact on February 5th, just two weeks following his appointment. Yesterday morning (February 17th), we held a private meeting with Minister Day.
  • Response to an article on pensions in the Ottawa Citizen
  • 11-FEB-2010 08:51 AM
  • While I don’t agree that public service employees “fear” the government’s possible plans for pension reform, I would certainly say that they are very wary indeed of any potential changes to their pension plan.
  • Opening a Dialogue with Stockwell Day
  • 05-FEB-2010 11:47 AM
  • I am very pleased to tell you that I have had an initial telephone conversation with the new Treasury Board President, the Honourable Stockwell Day.
  • President Corbett Addresses the Pension Issue
  • 19-JAN-2010 10:23 AM
  • Over the past few weeks, a number of rumours and media reports have circulated about possible federal government plans to bring substantial changes to public service pensions.
  • About the Pension - Communications Magazine, Vol. 35, No. 3, Autumn 2009
  • 21-DEC-2009 02:28 PM
  • Your pension plan exists under the Public Service Superannuation Act (PSSA) of 1954, which was most recently amended in 1999. In that year, the Public Service Pension Investment Board Act created the Public Service Pension Investment Board as the investor of the PSSA funds.

Contact Info

John Staric
1-800-267-0446
ext. 4712
jstaric@pipsc.ca

Dejan Toncic
1-800-267-0446
ext. 4767
dtoncic@pipsc.ca