The federal government introduced legislation in October 2016, Bill C-27, which could allow Crown corporations to change good defined benefit pension plans into target benefit pension plans.
This is wrong. A deal is a deal.
A pension is a commitment: employees provide their service and employers compensate them with deferred wages; employees and pensioners trust their employers to honour their promise.
Bill C-27 would change the rules after someone has retired, and that isn't fair.
You can help make an impact. Add your voice to our campaign – tell your Member of Parliament to stand up for Canadians’ retirement security and act today on Bill C-27.
If you do not live in Canada, you can download the letter here and email it to Finance Minister Bill Morneau