Skip to main content

Society members flood Finance Minister with e-mails over pension attack

December 21, 2016

More than 700 Society members have written to federal Finance Minister Bill Morneau over a bill that would put secure pensions at risk.

Members are still encouraged to send an e-mail to Minister Morneau from their personal e-mail account. Click here to send your e-mail.

Bill C-27, announced without any notice or consultation, would allow employers to entice federally regulated employees, like those at Bruce Power, into giving up their secure defined benefit pension plans in favour of risky target benefit pension plans. While Society members’ pensions are negotiated through their collective agreement, the risk remains. Workers in New Brunswick, where this pension scheme began, have suffered greatly. There is also the likelihood that if the federal government adopts this new pension regime other provinces will follow suit.

Among those who responded to The Society’s call to e-mail Minister Morneau was Toronto-area member A. Katz. “I and my colleagues have worked to build security for ourselves and our loved ones when we are no longer part of the labour force,” Katz wrote. “To allow employers to change the terms of these pensions that we have worked for over the years…to put the financial security and comfort of families at risk is unconscionable, and could lead to more reliance on government programs and subsidies.”

In addition to Society members and leadership, thousands of workers across Canada have heeded their unions’ calls to send their own messages of opposition to C-27. Labour leaders have also held and scheduled meetings with scores of Members of Parliament from coast-to-coast in an effort to raise the profile of this issue within all parties and at all levels.

Click here for more information about Bill C-27 and to find out how to send your own e-mail to Minister Morneau and your local Member of Parliament.

Discover More
Apply now for a 2024 Society Scholarship

Apply now for a 2024 Society Scholarship

The Society of United Professionals is proud to...

Read more

May is Speech and Hearing Month and Vision Health Month

  From the Society’s Professionals with Disabilities Committee:...

Read more

Net-Zero: How do we get there

Read the Society's position papers on how Ontario...

Read more