pension reform
CARP members welcome increased funding and wait times benchmarking for home care services but Ontario budget fails to set bold vision for aging in Ontario.
FOR IMMEDIATE RELEASE May 2, 2013 Toronto, ON: CARP members welcome the Province’s recommitment to working with Provinces and the Federal Government to enact a modest enhancement of the CPP and the previously announced additions to home care. Members will be disappointed that the 2013 Ontario Budget did not adequately address their other priority concerns – seniors’ poverty, equitable access to … Read more
Election Budget needs bold political leadership – starting with a new vision for aging in Ontario.
FOR IMMEDIATE RELEASE April 29, 2013 Toronto, ON: CARP members will be watching to see whether the 2013 Ontario Budget will address their priority concerns – retirement security, seniors’ poverty, equitable access to affordable drugs and ending discriminatory auto insurance rates. CARP staff will be in the Budget Lockup in Toronto on May 2nd to see first … Read more
Pensions hit the perfect storm
It’s RRSP time, again! Check the Web. Scour the newspapers. Hustle to your friendly (?) financial institution and plunk down your cash. That is, if you have any. Only 25 per cent of Canadians have RRSPs. The reason more do not is simple: They don’t have the money. Or, they don’t think ahead, being young or insouciant, or both. This … Read more
Age Rage – A True Story
Age Rage – Alive and Well! Mary’s Story - by Irene Anderson CTACC Just when we thought that our generation (Boomers) had helped to eradicate all discrimination – along comes a ‘not too new one’, but one that has taken on some frightening new twists. Age discrimination, once meant that you were not hired because of your age, you are … Read more
Great Article about Boomers on CBC
Don’t Trust Anyone Under 30! Just Kidding… (From the CBC Doc Zone site) See the full video here Once known as the generation that questioned authority, raised its consciousness and dropped out of the mainstream, the Baby Boom generation now IS the mainstream – a very powerful 30% of the Canadian population, more than 10 million people altogether. They are … Read more
BC Finance Critic Bruce Ralston’s Op-Ed on Bill 16 (new Povincial PRPP Act)
The pension system across our nation must be more practical and must be improved to work better for Canadians. In an effort to improve the system, eight out of ten provinces, including British Columbia, said they support the enhancement of the Canada Pension Plan (CPP). British Columbia’s New Democrats agree with this approach. We believe the enhancement of the CPP … Read more
A retirement solution Big Business will love
As you may have heard, there’s a retirement crisis brewing. Everything that could possibly go wrong has: we’re not saving enough, company pensions are being shut down, the ones that remain are on the rocks, and to top it all off, we’re getting a wretched return on our money. It’s one of those intractable issues that makes you want to … Read more
New Brunswick’s Response to CARP CPP and PRPP Open Letter
![image[1]](http://www.carp.ca/wp-content/uploads/2013/03/image1-160x72.jpg "image[1]")
Editor’s Note: On December 5th, 2012, CARP issued an open letter to Canada’s Finance Ministers calling on them to fulfill their 2010 promise to enhance the CPP and to facilitate PRPPs and implement better safeguards. Click here to get more background via CARP’s news release. Responses are still arriving and we will continue to post post them. Dear Ms. Eng: … Read more
Will you augment your retirement savings with a PRPP?
Even with a myriad of other options, the RRSP is still is the cornerstone of retirement savings for most Canadians, although they may not be using it to its fullest advantage. The newest retirement savings vehicle on the block is the Pooled Registered Pension Plan (PRPP). Designed to help the estimated 3.5 million Canadians who do not have employer-sponsored pension … Read more
UK Pension – Proposed Changes will help low income and older women
The UK appears to be taking steps to ensure adequate retirement security for everyone. This past January, UK’s Minister of State, Department for Work and Pensions, announced that the government will press ahead with its plans to create a single, simplified state pension in replacement of the current multi-tiered, complex pension system. Details of its proposed plans were published in … Read more
