WHEREAS Defined Benefits pension plan are superior to Targeted Benefits and Defined Contribution pension plans, and
WHEREAS all seniors with Defined Benefits pensions could be targeted by public and private employers, and their payments significantly reduced.
THEREFORE BE IT RESOLVED That the USCO work with all senior groups, pension and social justice organizations to carry out campaigns to ensure that Federal and Provincial Governments enact legislation that will prohibit both public and private sector employers from making any change to defined benefit pensions which do not enhance such plans, and
BE IT FURTHER RESOLVED That the USCO work to move forward with a suitable representation on October 1st (United Nations Day of the Older Person) for Canadians around the pending pension crises.
Submitted by USCO