"Our goal, and that of the broader labour movement, has been to ensure that our children and our grandchildren have strong and secure retirement security. Getting to this stage is a victory." — Larry Brown, NUPGE President
Pensions and Retirement Security
The campaign for retiree pension benefits was strong and effective forcing the government to negotiate.
“For people without defined benefit pension plans, there’s an ever-present fear of seeing a significant drop in their retirement income.” — Larry Brown, NUPGE President
“The labour movement has stood tall on this issue, fighting for the dignified retirements of all Canadians. The agreement announced yesterday is a good start, but this campaign is far from over,” says NUPGE National President James Clancy.
The fifth in a series of five NUPGE Pension Basics webinars will examine the growing role of social, environmental and governance factors in pension plan investment.
The fourth in a series of five NUPGE Pension Basics webinars will explore the legal and regulatory framework governing pension plans in Canada.
The third in a series of five NUPGE Pension Basics webinars will explore the basics of pension investment, investment risks and opportunities and the role of trustees in setting investment policies.
“If [the] government insists on making any changes to this benefit, it would ultimately have to be dealt with through the collective bargaining process.” — Karen Jackson, PEI UPSE President
The PEI government will examine the "future costs" of the public sector service gratuity — retirement allowance — in its upcoming budget. Workers concerned this could lead to a reduction in benefits to save the province money.
Webinar on pension plan funding and the role of the actuary to take place Friday, April 8.