Finance committee  Thank you. Just as a clarification, we don't suggest that the reserve fund should be 10%. The 10% is a limit that's put on right now in the Income Tax Act. What we like about the Quebec legislation--and the pension fund I represent is regulated federally, so it doesn't apply to

Finance committee  To be honest, I don't really have a position on that. As you mentioned, our focus is on defined benefit pension plans. We do have pensioners who are in that area, but instead of pursuing augmentations through the CPP, we have gone back to our employers and have been able to incre

Finance committee  Actually there's a disincentive today for employers to maintain or even create new defined benefit pensions. The disincentive is around the treatment of surplus funds in a pension fund. We believe the answer is to legislate that there must be solvency at all times. That's law i

Finance committee  I think we do know. We're recommending that the consultation be continued and completed, because it is important that all stakeholders in the process have an opportunity to input. There was a lot of input to the original consultation from the legal community, plan sponsors, and p

Finance committee  Thank you, Mr. Chairman, and good morning, members of the committee. The Bell Pensioners' Group is a federally registered, not-for-profit organization that advocates on behalf of the retirees of Bell Canada. We'd like to thank you for recognizing the importance of the pensioners