Canadian Union of Public Employees (CUPE) - Atlantic

Canadian Union of Public Employees (CUPE) - Atlantic

September 27, 2010 04:00 ET

CUPE Nova Scotia to Press Provincial Finance Minister on Pension Reform

HALIFAX, NOVA SCOTIA--(Marketwire - Sept. 27, 2010) - CUPE Nova Scotia President Danny Cavanagh will meet with the province's finance minister today to push for the Dexter government's support on changes to the Canada Pension Plan.

Cavanagh says, "The Nova Scotia government is asking residents for their thoughts on reforming our pension system. We believe the single most effective thing we can do to ensure retirement security for every Canadian is to improve the CPP. We don't need to reinvent the wheel here."

CUPE has been actively involved in the CLC's 'Retirement Dignity for Everyone' campaign which is pushing for:

  • Phased in implementation of a replacement rate of 50% of the average wage (it's currently at 25%);

  • A gradual increase in mandatory employer/employee contribution rates to the CPP would be phased in over seven years. This would pay for the increased replacement rate. 

Says Cavanagh, "We believe the federal/provincial and territorial governments – Nova Scotia in particular - should get on board and support these changes. 

"The CPP works because it provides coverage for all workers in all industries so they can have defined retirement benefits as well as survivor and disability benefits," he says.

Cavanagh will be joined by CUPE's National Pensions Campaign Co-ordinator Leanne MacMillan for the meeting, which takes place at 10:00 am.

Contact Information

  • Danny Cavanagh
    CUPE N.S. President
    902-957-0822 (Cell)
    or
    Leanne MacMillan
    National Pensions Co-ordinator
    902-292-3640 (m)
    or
    John McCracken
    CUPE Communications Rep.
    902-455-4180 (o)