Western Arctic MP opposes feds' pension reform plan
Wednesday, February 1, 2012 - 4:18 PM
Yellowknife, N.W.T. - Western Arctic MP Dennis Bevington is calling on the federal government to release the details of its pension reforms so they can be debated.
Prime Minister Stephen Harper floated the idea of pension reform last week at the World Economic Forum in Davos, Switzerland, arguing that reforms are needed to make sure pensions are funded as Canada's population ages.
Bevington said the public needs more details about what these reforms would entail.
"Present the evidence, present the plan that you're talking about. When he says major changes to OAS and GIS, what does that mean? Everyone's left guessing right now."
The one concrete move that is being rumoured is a raise in the retirement age from 65 to 67. Although many other developed countries have raised their retirement age Bevington doesn't see it as the right move for Canada.
"In some cases countries may have different circumstances. We don't see that as a smart thing to do in this country."
The NDP plans to use their opposition day on Thursday to raise the issue.
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