Policy alert - Macleans.ca

Policy alert

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Michael Ignatieff promises pension reform.

Ignatieff says the Liberals will work with the provinces to gradually expand Canada Pension Plan benefits. He’s also promising a voluntary supplement to the CPP called the Secure Retirement Option that would let people save an extra five to 10 per cent of their pay in a CPP-backed fund. And the Liberals plan to boost the Guaranteed Income Supplement, or GIS, by $700 million a year — more than double what the Conservatives are offering.