News Briefs

Big city mayors want expanded CPP and pension insurance; Council to reduce poverty through education, training; RBC, University launch retirement research centre; RBC, University launch retirement research centre

Big city mayors want expanded CPP and pension insurance

Toronto — A group of 22 mayors from Canada’s biggest cities are calling for an expansion of the Canada Pension Plan, a federal system of pension insurance and a national summit on pension issues. The Big City Mayors Caucus’ resolution on pension reform notes only one in four private sector workers are covered by an employer pension plan. It also notes the CPP and Guaranteed Income Supplement (GIS) fall short of replacing the 50 to 70 per cent of pre-retirement income needed to maintain a pre-retirement standard of living. To address that issue, the resolution suggests the GIS be increased by 15 per cent.

Council to reduce poverty through education, training

Winnipeg — A council of community leaders will be looking for the best ways to ensure more Manitobans complete education and training that lead to better jobs. The 29-member Premier’s Advisory Council on Education, Poverty and Citizenship brings together Manitobans from public and post-secondary education and training, community development, First Nation, Métis and Aboriginal organizations, and newcomer and refugee organizations.

RBC, University launch retirement research centre

Waterloo, Ont. — RBC has partnered with the University of Waterloo to create the RBC Your Future by Design Retirement Research Centre. The centre will provide advice, resources and information to help workers plan, transition and thrive in retirement. Research will focus on issues related to quality of life in retirement, including health, leisure, wellness, lifestyle, finances, economics, science, arts and technology.

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