Finance committee  It is based on a percentage of one's salary. A low-income earner will contribute a smaller amount, but will still receive enough to replace his salary. If a worker is already below the poverty threshold, that will not change. There is also a social aspect to this issue, which can

Finance committee  It means mandatory.

Finance committee  The point of having a mandatory plan is to force people to contribute. As someone said earlier, when it's voluntary, you get what we see today: very few people are covered by private plans. I understand what you are saying about low-income earners. Does this call for special mea

Finance committee  That is clearly what we have been asking for, as well. We would like to see contributions to the Quebec Pension Plan and the Canada Pension Plan at least doubled.

Finance committee  We believe that, in the long term, it would cost less than contributing to private plans. Employers are often forced, by way of negotiation, to set up private plans which cost them more, which do not cover their employees very well, and which do not cover all citizens. I think th

Finance committee  We are really not afraid of shooting ourselves in the foot. The main objective of the FTQ is not to operate the Fonds de solidarité, but rather to protect our members and Quebeckers and Canadians. We have always maintained that a public and universal system was the best solution

Finance committee  We still have not established an investment policy. We regularly meet with the Caisse de dépôt which manages the Quebec Pension Plan, and we have always maintained that the Caisse is a good tool with which to manage domestic capital. This is good for the economy. The money stays

Finance committee  Good afternoon. I would like to thank the committee for inviting the Fédération des travailleurs et travailleuses du Québec. The FTQ represents over 1 million workers in the private and public sectors of the economy, including several federal sectors. Our members rightly believe