Liberal
Increase the Canada Pension Plan And Quebec Pension Plan survivor's benefit by 25%.
This is a page from the 2019 Canadian general election.
Jobs & the Economy
Pensions platforms
Here's what the 2019 Canadian election parties are promising.Conservative
- Require all federally-regulated companies to report on the solvency of their pension funds.
- Allow the transfer of underfunded pension plans to a more successful plan.
- Restrict bonuses for executives of companies going through bankruptcy.
NDP
Stop companies from paying dividends and bonuses until pensions are fully funded and create a mandatory, industry-financed pension insurance programme.
[...] we will make sure that pensioners are at the front of the line when a company goes bankrupt, and make sure unfunded pension liabilities owed to workers and employees’ severance pay are the top priority for repayment.
We’ll stop companies from paying out dividends and bonuses when pensions are under-funded and we’ll create a mandatory, industry-financed pension insurance program to make sure that no worker is deprived of the retirement benefits they’ve earned.
The federal government has a critical role to play in protecting defined benefit pensions across the country. The Liberals’ openness to target benefit plans in the public sector, which don’t guarantee stable benefits for retirees, puts defined benefits at risk for all Canadians – and we will immediately put a stop to this chipping away of retirement security.
We are committed to strengthening public pensions and improving retirement security for all Canadians. A New Democrat government will create a Pension Advisory Commission to develop a long-term plan to protect and enhance Old Age Security, boost the Guaranteed Income Supplement, and strengthen the Canada Pension Plan. We’ll also make automatic enrollment (sic) in OAS and GIS retroactive, so no retiree misses out on benefits that they should be receiving, and we will support efforts to make sure Canadians have good retirement financial literacy.
From A New Deal for People, retrieved 2019-09-22.
We don't have any Bloc policies on Pensions.
Green
- Increase over time the target income replacement rate of the CPP form 25% to 50% of income received during working years.
- Require CPP divestment of coal, oil, and gas shares.
- Establish preeminence of pensioners during company insolvency proceedings.
Ensure the Canada Pension Plan (CPP) remains robust and adaptive to changing needs and circumstances by increasing over time the target income replacement rate from 25 per cent to 50 per cent of income received during working years.
Regulate the CPP Investment Board to require divestment of coal, oil and gas shares and ensure that all investments are ethical and promote environmental sustainability.
Protect private pensions by amending the Bankruptcy and Insolvency Act and Companies’ Creditors Arrangement Act to establish the preeminence of pensioners and the pension plan in the creditor hierarchy during company insolvency proceedings.
From Election Plan 2019, retrieved 2019-09-22.
We don't have any PPC policies on Pensions.