CUPE Nova Scotia opposes pension clawback tabled by government trustees
CUPE Nova Scotia is disappointed to learn that board members of the Public Service Superannuation Plan Trustee Inc. (PSSPTI) are considering cuts to public service pension plan benefits. “The changes that the trustee board are considering would effectively cancel the much-needed Canada Pension Plan (CPP) enhancement for thousands of workers, including CUPE members, who are members of the pension plan,” says CUPE Nova Scotia President Nan McFadgen. “CUPE Nova Scotia represents a number of local unions within the PSSP and we strongly object to these potential clawbacks from our members’ pensions,” says McFadgen. The trustee board recently made a call for submissions, asking whether or not adjustments should be made to the PSSP in response to CPP increases that are being phased in by the federal government until 2025. “All public service workers should be concerned about these cuts to their pension,” says McFadgen. “We only learned about the call … Read more…