OCUFA welcomed the announcement on June 20 that Finance Ministers have reached an agreement on modest expansion to the Canada Pension Plan (CPP). University professors and academic librarians have long supported the expansion of public pensions to provide dignity and a decent standard of life in retirement. A commitment to CPP expansion means that plans for an Ontario Retirement Pension Plan […]
retirement
Last week, OCUFA participated in consultations with the Associate Minister of Finance and submitted a formal written brief regarding the provincial government’s proposed Ontario Retirement Pension Plan (ORPP). Our presentation and submission focused on the needs and concerns of the growing ranks of contract faculty at Ontario’s universities and the potential for them to benefit immensely from the establishment […]
OCUFA has been granted intervener status to participate in an Ontario Human Rights Tribunal case pertaining to a secondary school teacher who has been denied benefits by his employer because he is over the age of 65. Following the elimination of mandatory retirement in Ontario in 2006, the protection of benefits for employees who are […]
Ontario’s professors and academic librarians are welcoming the news that former Prime Minister Paul Martin will help develop a new Ontario Pension Plan. Martin’s appointment was announced yesterday by Premier Kathleen Wynne. “A consensus is building that that an enhanced public pension plan is a desirable solution to the growing retirement income security crisis for […]