Policy alert

Michael Ignatieff promises pension reform.

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.