Stop C-27!

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Save Defined Benefit Pensions. Stop C-27!

Bill C-27, introduced in Parliament in October 2016, would substantially expand the ability of employers to offer target benefit pension plans, which provide a much lower level of security and predictability than defined benefit plans by shifting risks from employers to employees. This legislation could also signal that the government is considering similar action with respect to the Public Service Superannuation Plan.

Target benefit plans made headlines in 2013-2014 when the New Brunswick government passed laws to convert longstanding public sector defined benefit pension plans into target benefit plans. This has resulted in significant pension reductions and decreased benefit security for New Brunswick government employees, including many PIPSC members. The Institute is challenging this legislation in the New Brunswick courts.

I recently wrote to Finance Minister Bill Morneau to outline our concerns and to urge him to abandon this flawed piece of legislation. You can do your part to help protect the retirement security of Canadians by calling the Minister’s office at (613) 992-1377 and voicing your opposition to C-27. Let's ensure all working Canadians can retire in dignity.

Better Together!

Debi Daviau,
President

Latest News

16 May 2017
The Professional Institute of the Public Service of Canada (PIPSC) is pleased to provide the following submission on Bill C-27, as requested in federal Minister of Finance Bill Morneau’s correspondence received March 2, 2017.
3 May 2017
Bill C-27: The Introduction of Target Benefit Plans What Is Bill C-27? Bill C-27 introduces a new pension framework into the federal jurisdiction –Target Benefit plans. It proposes sweeping changes to the Pension Benefits Standards Act (PBSA).
3 May 2017
Everyone who supports Defined Benefit pension plans should be opposed to this proposed legislation. The federal government has jurisdiction over two major labour relations regimes: (1) the federal sector (Crown Corporations, banks, telecoms and transportation companies etc); and (2) the federal public service (Treasury Board and Separate Agencies).
3 May 2017
Bill C-27 is a federal government-sponsored bill that would make it easier for employers to convert existing employee Defined Benefit (DB) pension plans to so-called Target Benefit (TB) plans. TB plans offer much less secure post-retirement income than Defined Benefit plans, shifting the burden of a secure retirement from employers to employees.
19 April 2017
Over the last several months PIPSC has been actively opposing Bill C-27, An Act to amend the Pension Benefits Standards Act. To ensure we succeed in ensuring the government knows that this type of degradation of our pension security is unacceptable, we encourage you to use this sample letter and write to your Member of Parliament.
13 March 2017
Help protect the retirement security of all Canadians! Download and print this postcard and send it to your Member of Parliament or order your pre-printed copies by email from bettertogether@pipsc.ca
10 March 2017
On December 1, 2016, I wrote to Minister of Finance Bill Morneau to express our deep concerns with the introduction of Bill C-27, which paves the way for federally regulated employers to co
1 December 2016
I am writing to you concerning Bill C-27, An Act to amend the Pension Benefits Standards Act. As President of the Professional Institute of the Public Service of Canada (PIPSC), which represents 55,000 members working in the federal public service and the broader federal and provincial public sector, I wish to convey my very deep concerns about this proposed legislation.