Short-term pension woes being used to attack employee rights (Letter to the Editor)

By Mark Zigler
|Canadian HR Reporter|Last Updated: 11/22/2004

A number of commentators and organizations involved in the pension and benefits industry have recently taken aim at the funding crisis that currently befalls many pension plans. They’ve used the occasion to promote their various constituency interests, all in the name of trying to save Canada’s defined benefit pension plans.

The Certified General Accountants chimed in with a study earlier this year. Several of the actuarial consulting firms have contributed with various white papers. And we have the “model pension law” promoted by the Canadian Association of Pension Superintendents.

Protestations about flaws in the system were loudest in the days and weeks after the Supreme Court of Canada ruled on the longstanding