pensions

Maclean’s is your destination for the 2015 election. Start with our in-depth primers on the issues that will dominate the election, including pensions

Boomers are only now starting to take stock of retirement and many don’t like what they see

Documents hint at how, inside Finance, the prospect of raising CPP premiums to pay for enriched benefits isn’t viewed so negatively

It’s easier to spend today when you know you don’t have to worry about saving for tomorrow

While Jim Flaherty and the provinces continue to debate CPP reform, Kevin Milligan considers the options.

The Globe reports that CPP changes are being considered.

The Conservatives and the opposition parties unanimously agreed this morning to split MP pension reforms from the omnibus budget bill and pass the separate legislation.

Again this afternoon, the Liberals asked the Conservatives to table a separate bill to deal with MP pensions. The Conservatives don’t seem interested.

Yesterday, the Canadian Press pegged the cuts at $7 billion. Last night, the CBC reported the total will be closer to $4 billion. The Post says it’ll be around $5 billion, with the elimination of approximately 25,000 public service jobs. MP and public servant pensions will be changed. The House of Commons will trim its budget by 6.9%. And the hiring tax credit for small businesses will be extended for another year.

Human Resources Minister Diane Finley made her appeal for Old Age Security reform yesterday in Toronto. The Globe, Star, Postmedia and Canadian Press have their takes.

Runaway compensation is hurting students

Jim Flaherty offers another clue in the OAS mystery.