Pensions

Online action calls on Minister Morneau to abandon Bill C-27

Bill C-27, An Act to amend the Pension Benefits Standards Act, is an attack on the retirement security of Canadians.

This bill will allow employers in the federal private sector and Crown Corporations to shift from good, defined benefit plans that provide secure and predictable pension benefits, into the much less secure form of target benefits. If passed, this bill would open the door to a disturbing trend of shifting all the risk of pension plans onto workers and retirees.