THE GOVERNMENT WANTS TO WITHDRAW YOUR PENSION
You can get the facts in our report prepared with Murray Gold, one of Canada’s top pension legal experts, on the real risks of leaving the CPP that the provincial government isn’t telling you.
THIS IS A MASSIVE RISK FOR YOUR RETIREMENT
Despite claims made by the Alberta government, contribution rates could go up and benefits could go down under a separate standalone pension plan. The only thing that would be guaranteed is a higher risk.
The Alberta government’s scheme hinges on the false notion that Alberta would be entitled to pull $334 billion out of the CPP fund.
This is 53% of the total.
But Alberta represents only 12% of Canada’s population and 16% of CPP contributions.
A realistic expectation for a transfer could be less than a third of what the Alberta government is currently claiming.
A provincially managed plan would put our pensions at risk of political interference and lower investments returns.
DON’T TRUST THEIR INTENSIONS
Politicians want our pension funds to support their own pet projects. This is not how the provincial government should be using our retirement savings.
It cannot be stated strongly enough that the money saved through the CPP belongs to the workers who earned it. It belongs to us, not politicians.
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