Who wants to reach the age of retirement only to discover they can’t actually afford to retire?

  Unfortunately, this is a harsh reality for far too many Canadians.  It is a fact that people don’t tend to save enough to secure their later years.  The Canadian Labour Congress (CLC) is leading an effort to lobby the government to double Canadian Pension Plan (CPP) benefits in the future so that Canadians will be able to enjoy a more secure retirement.  The strategy, which is quickly gaining support, would be an effective way to abolish poverty among the elderly at a very low cost while ensuring that CPP benefits make up a larger proportion of what employees were receiving prior to retirement.

For more information on the CPP reform proposal, please go to the CLC website at http://canadianlabour.ca/action-center/retirement-security-everyone/retirement-security-reform-1-double-cpp-benefits.

The CLC recently circulated a Labour Day message which can be read by clicking on the following link:  http://www.canadianlabour.ca/news-room/statements/labour-day-message-2010.