It seems a bit ironic ( but other words may be more applicable) that a group of people(politicians) who have managed to award Themselves one of, if not the most, generous pension plans , both in terms of contribution arrangements and benefits, available anywhere are now so busy and divided in attempting to limit , or minimize, the benefits available to the country’s workers/taxpayers who are the very people who, in the final analysis, underwrite the Entire costs incurred in all aspects of the plan….and they are referred to as ‘Honorable’ ; go figure!!.
Enforced savings – yet its insufficient? Well, we know what the socialists will promise – more. That will annoy many who are ‘bird in the hand’ oriented.
Don’t you think that those who want a cozier retirement should be left to save as they arrange – and stop heaping cost on employers? Its high time government got out of much of what they do. It is too big already – or soon there will be the expectation that the government will do all our banking for us through the bedraggled employers office staff.
In many ways , both OAS & CPP have been and remain pretty good plans as far as they go but some deficiencies persist and addressing these is both desirable and difficult..Having said that, I do not believe that politics per se should necessarily have a direct role to play in that process..A potentially workable approach might be for each of the current Major parties to have the option of nominating an independant firm of pension experts tasked with producing One unanimous recommendation regarding the best way forward in dealing with existing gaps, shortfalls etc….The solution may not be all that difficult if political ‘one up manship’ can be made to stand aside on this issue , which ranks very high up on the importance scale of all Canadians…
It seems a bit ironic ( but other words may be more applicable) that a group of people(politicians) who have managed to award Themselves one of, if not the most, generous pension plans , both in terms of contribution arrangements and benefits, available anywhere are now so busy and divided in attempting to limit , or minimize, the benefits available to the country’s workers/taxpayers who are the very people who, in the final analysis, underwrite the Entire costs incurred in all aspects of the plan….and they are referred to as ‘Honorable’ ; go figure!!.
bob mackenzie | June 6, 2015 |
Enforced savings – yet its insufficient? Well, we know what the socialists will promise – more. That will annoy many who are ‘bird in the hand’ oriented.
Don’t you think that those who want a cozier retirement should be left to save as they arrange – and stop heaping cost on employers? Its high time government got out of much of what they do. It is too big already – or soon there will be the expectation that the government will do all our banking for us through the bedraggled employers office staff.
gordon a.... | June 5, 2015 |
In many ways , both OAS & CPP have been and remain pretty good plans as far as they go but some deficiencies persist and addressing these is both desirable and difficult..Having said that, I do not believe that politics per se should necessarily have a direct role to play in that process..A potentially workable approach might be for each of the current Major parties to have the option of nominating an independant firm of pension experts tasked with producing One unanimous recommendation regarding the best way forward in dealing with existing gaps, shortfalls etc….The solution may not be all that difficult if political ‘one up manship’ can be made to stand aside on this issue , which ranks very high up on the importance scale of all Canadians…
bob mackenzie | June 5, 2015 |