Changes to Pensions for Federal Employees in Bill C-45: Is the Public Interest Really Being Served?

Marketwired

OTTAWA, ONTARIO--(Marketwire - Oct 19, 2012) - Following the government''s tabling of its proposed changes to the pensions of federal public servants and Members of Parliament, the Professional Institute of the Public Service of Canada (PIPSC) questions the rationale behind the changes and the appropriateness of some of the related measures contained in Bill C-45, the enabling legislation currently before Parliament.

"Minister Clement is just plain wrong when he suggests that, in the past, public service employees have not paid their fair share when it comes to their retirement. In fact, they already contribute more to their pension plans than most Canadian workers. And the federal government did not hesitate to help itself to some $30B from their retirement fund a few years ago to help pay down the deficit" said PIPSC President Gary Corbett.

"Our main concern isn''t over adjusting the contribution ratio to 50/50, it''s about the direction that the government wants to impose on the public service, which is already having trouble attracting the best candidates. Creating two classes of federal employees and pushing back the retirement age for public servants certainly won''t do anything to entice people join its ranks".

"This legislation confirms our belief that the government has been listening to the business community and to right-leaning think-tanks instead of looking to represent the best interests of all Canadians. Cutting back on services and making a career in public service less attractive is the exact opposite of what should be done to ensure that the safety and well-being of Canadians is not compromised in the future" concluded Corbett.

The Institute is currently studying the full text of the draft legislation and will be in a position to comment further once it has completed its review.

The Professional Institute of the Public Service of Canada represents some 60,000 professionals and scientists across Canada''s public sector.

Contact:
Pierre Villon
(613) 228-6310 extension 2228
(613) 794-9369 (cell)

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