18.3.1 BILL C 27 INCOME SECURITY
WHEREAS, before the 2015 federal election, Canadians were clearly promised in writing that Defined Benefit Plans, which have already been paid for by employees and pensioners, should not be retroactively changed into Target Benefit Plans, and
WHEREAS, Bill C-27, tabled by the Minister of Finance, precisely permits this change, thereby jeopardizing the retirement income security of Canadians who have negotiated Defined Benefit Plans as form of deferred wages,
THEREFORE BE IT RESOLVED that the National Pensioners Federation call on the Government of Canada to withdraw Bill C-27, an Act to amend the Pension Benefit Standards Act, 1985.
Submitted by COSCO of B C