Translation of "Part patronale au régime des retraites " (French → English) :

Unfortunately, the hon. member does not realize we take into account that in most pension plans the employees contribute 40%. What has happened here is that the taxpayer is contributing 70%.

There should be a pension commission, as we have in Ontario, where you have representatives from labour and from the employer's side, as well as academics, who adjudicate the disputes but also establish policy, which is very important, because you have the input from the different stakeholders developing those policies.

In the lead-up to the 2010 budget, much was said about the financial state of the federal superannuation plan by the C.D. Howe Institute and the Canadian Federation of Independent Business, who very publicly argued that public service pension plan benefits should be reduced.

36. Notes the current trend away from defined benefit pension systems to defined contribution pension systems and is concerned about the decline in employer contributions that evidently accompanies this trend; emphasises the need for strengthened participation and contribution levels of employees in existing pension schemes in order to ensure adequate retirement income for individuals and emphasises the need for continued adequate contributions from employers, particularly in defined contribution pension schemes; is concerned that the envisaged revision of International Accounting Standard (IAS) 19 regarding employee benefits, as for e ...[+++]xample in the case of the possible abolition of the so-called 'corridor-approach', could entail significant changes to pension systems that need to be carefully assessed, especially as regards possible adverse effects on the attractiveness of defined benefit schemes;