Pensions, Retirement and Old Age

Unofficial strike could begin Monday

Public sector workers are set to walk off the job as early as Monday night, an illegal strike that would cripple government services in the province. The action is in response to a Bill which would break up workers' pension schemes.

Age Canada Old Pension Strangely from a British point of view, the union the Canadian Union of Public Employees (CUPE) seems to be leading the action.

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Funds Pension The Canadian Globe and Mail reported:
Sid Ryan, Ontario president of the CUPE, said yesterday that union members at schools could be expected to form picket lines at their buildings. Also affected would be garbage collection, snow removal and access to city hall.

Gordon Brown has renamed the DTI the Department for Business, Enterprise and Regulatory Reform (DBERR) to reflect its focus on the reduction of red tape and a commitment to entrepreneurship. 2006 Older employees plan to keep on working Older employees are increasingly willing to work on past the traditional retirement age, according to a new survey. called 'baby boomers' have told Heydey, profit organisation set up by Age Concern, they want to work past the state pension age.

Hancock John Pension The union is furious over proposed legislation known as Bill 206, under which the province would give control of the $40-billion Ontario Municipal Employees Retirement System (OMERS) pension system to employees and employers. It would also provide for the creation of supplemental pension plans for firefighters, police and emergency workers.

Pension Widow Mr. Ryan said that the bill doesn't ensure pension managers are held accountable and creates an unfair split between different types of public employees. "There is built-in discrimination," he charged.

77% of voters from the Royal Mail's Communication Workers Union (CWU) are in support of a national postal workers' strike. ridden Brits to save is to be revealed by the shadow work and pensions secretary Sir Malcolm Rifkind. The new bill, called "Rights for Savers", proposes the creation of a new lifetime Savings and Retirement Account (Sara); cost, term savings account, involving normal pension tax breaks but which enables cash to be withdrawn at predetermined stages during a lifetime.

Fund Pension At Queen's Park, Premier Dalton McGuinty shot back that it should be acknowledged that some jobs are more difficult than others.

"Requiring compulsory contributions from businesses will hit small firms disproportionately and will be seen as another tax on them." Lord Turner led a commission on pensions for the government which published its findings last November, calling for the retirement age to be raised from 65 to 69. The report also called for the establishment of a national pensions savings scheme, a proposal which the FTSE Group today claimed could produce "massive distortions" in the FTSE 100 index.

Investment Pension "I'm not going to apologise for recognising that police, firefighters and paramedics have particularly strenuous working conditions," he told reporters.

Canadian Pension Plan Mr. Ryan has received qualified support from both the Association of Municipalities and Progressive Conservative Leader John Tory, an unlikely ally. They both called on the government to alter Bill 206, but added that they could not accept lawbreaking by union members.

Department Pension Work "Not for one minute would I stand here and endorse an illegal or wildcat strike in any instance to solve any problem," Mr. Tory said.

Ibm Pension The AOM joined the denunciation of the bill, saying it could mean $380-million in new costs to taxpayers, but also spoke against a strike action. A walkout would be hugely inconvenient to citizens and "pose unacceptable risks to public health and safety," president Roger Anderson said in a statement.

Benefit Corporation Guaranty The Ontario Legislature is to begin sitting Monday, and Mr. Ryan said that the union will act the same day the government begins final debate on Bill 206. Strike votes have been held at locations across the province, with results often above 90 per cent in favour.

Calculator Pension "The next move is up to the Liberals," Mr. Ryan said as he prepared for a strike vote in Oshawa. "If they bring it in Monday, I will call a strike for midnight. If they bring it in Tuesday, likewise, I will call for a walkout at midnight.

Government Pension "Let the employers and the unions do what we do for a living, which is negotiate," he added. "There's no need for the government to come in with their own prescription."

Pension Prague The contentious bill could be introduced the same day the legislature begins its compressed sitting, which is half the usual length. Without signalling the schedule for the bill, Mr. McGuinty made a plea for calm. "People should stay grounded on this," he said.

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