CFP continues to work on a number of fronts to keep our concerns around Ontario’s Proposed Pension reforms.
In addition to Advocacy Day on Oct 17th, CFP has been continuing our outreach to individual MPPs to discuss our issues with the new Reforms.
October 4, Bob Farmer, President, CFP, held several informational meetings with a number of MPPs including Teresa Armstrong (MPP-London Fanshawe and NDP Seniors Critic) and Julia Munro (MPP-York Simcoe and PC Pensions Critic).
At the sessions, Bob discussed the proposal for pension reform that had been advanced by Minister Sousa, Finance Minister, in May.
Bob spoke with each of the MPPs about various changes that could be made to the reform package to really strengthen the proposed regulations to ensure that pension security can be improved for Defined Benefit Pension Plan (DBPP) pensioners in Ontario, while at the same time, helping Plan Sponsors (employers) save money.
While at Queens Park, Bob also took the opportunity to talk with Paul Miller (MPP-Hamilton East-Stoney Creek and BDP Pensions Critic), Yvan Baker (MPP- Etobicoke Centre and Parliamentary Assistant to the Minister of Finance), Bill Walker (MPP- Bruce-Grey-Owen Sound and PC Seniors Critic), and Harinder Malhi (MPP- Brampton-Springdale and Member of the Standing Committee on Finance).