TORONTO, Sept. 3, 2015 /CNW/ - Unifor applauds the NDP decision to back
an expansion of the Canada Pension Plan and restore the retirement for
the Old Age Security pension to 65, and urges all parties and provinces
to get behind the idea.
"Dignity in retirement begins with a secure and sufficient pension,"
said Unifor National President Jerry Dias.
"Unifor has consistently supported expanding the CPP to help more
Canadians achieve that goal, and is glad to see the NDP do the same."
In an announcement this morning in Toronto, NDP Leader Tom Mulcair said
an NDP government would convene a meeting of Premiers within six months
of being elected to work out a timetable to expand the CPP, and would
reverse a Harper Government plan to raise the eligibility age for the
OAS pension from 65 to 67.
The Harper government has consistently rebuffed any effort to expand the
CPP, proposing a voluntary plan for Canadians to add to their CPP if
"Voluntary plans don't help those who need help most. Only a universal
and mandatory pension plan can ensure a decent retirement income for
Canadians," Dias said.
"Canadians are already not saving enough."
The CPP is recognized around the world as a model pension plan, with
strong returns and low management fees, providing Canadians with a
secure and dependable income in retirement.
"Boosting the CPP is the best option for improvement retirement incomes
in this country," Dias said.
Restoring the retirement age for the OAS pension to 65, combined with an
enhanced CPP will ensure more Canadians can enjoy their retirement
rather than continuing to work, and will open more jobs for Canada's
young people, Dias said.
To see more about Unifor's pension polices, go to Unifor.org/pensionscampaign.
Unifor is Canada's largest union in the private sector, representing
more than 305,000 workers. It was formed Labour Day weekend 2013 when
the Canadian Auto Workers and the Communications, Energy and
Paperworkers union merged.
For further information:
Unifor Communications National Representative Stuart Laidlaw at Stuart.Laidlaw@Unifor.org or (cell) 647-385-4054.