Fair Pensions For All: our goal is to promote an honest and fair analysis of our pension system; to expose abuse and waste within the system; to develops and promote new ideas and concepts on pensions based on fairness for all.
Fair Pensions For All: our goal is to promote an honest and fair analysis of our pension system; to expose abuse and waste within the system; to develops and promote new ideas and concepts on pensions based on fairness for all.
I don’t get pensions, per se. I only get what I put in – social security, 401Ks and IRAs. I ain’t doing too bad. Note, everyone of these are my money. I have contributed about 50% more to SS then I will ever get out, but it is still my money, even though the dhimocrapts, etc. have spent it on their freebies.
Because of this, I can’t get too excited about some librul pukes trying to get a bigger share of your pot. Work or die. Save or die. Or, as the libruls want, just die.
“We maintain that it is every Canadian’s right to receive sufficient income in retirement to afford an acceptable quality of life.”
I keep losing track of all of the new rights to which we’re supposedly entitled.
His address speaks volumes as to what kind of person he is. An effete uber left-wing academic. Westdale Village is crawling with them.
Defined benefit pensions are dinosaurs. This guy is barking up the wrong tree.
Prpps and vrpps will be the vehicle going forward – the most important retirement product development since ww2.
Are these freeloader in life to irritate the working stiff on constant bases?
There is no end to politicians and governments of every level, coming with more and more schemes to suck the money of the working people.
City of Calgary is a major example.
yep Lev, never heard a “cost savings measure” from Calgary city hall since that transit guy bought diesel fuel on a contract term.
“We maintain that it is every Canadian’s right to receive sufficient income in retirement to afford an acceptable quality of life.”
At whose expense?
I worked long and hard for my own RRSP type pension… I have no doubt this buy would take my money and give it to others who didn’t bother to work long and hard. F**k that says I. We need to cut public sector pensions and rid ourselves of public sector unions. Whose stupid idea was it to give union power to people who work for the ‘the people’.
Pensions are for Civil service parasites. The rest of us get to pay for them, all we get in retirement is extended work years to pay of someone else’s pension index.
I don’t want a pension, I want to pay no income tax when I live only on savings
“We maintain that it is every Canadian’s right to receive sufficient income in retirement to afford an acceptable quality of life.”
Who defines “acceptable”? The same people who claim that people on welfare who have iPhones, cars, name brand clothing, etc are “below the poverty line”?
Bills World (The Movie)…..”Bill is the founder of Fair Pensions For All, an advocacy group focusing on
public sector pension and compensation issues.”
Kind of says it all really.
Unfortunately, Occam, government bureaucrats have realized that the advent of retiring baby boomers means lower and lower incomes, so they are substituting consumer taxes – sales taxes, user fees on government utilities and services, taxes on property, etc, etc. My income tax rate is under 10%, but my consumption tax rate is twice that.
I am due for my fair share. 25 years plus working weekends; 10 hours/day on a short day. Kids never went to Disney until they were old enough to play the slots in Vegas, which is what happened.
Started to work part time at 14 and semi-retired at 70. Quick send me my fair share.
Don’t worry! we are comfortable. Take my fair share and provide it to some unlucky victim of a violent crime. This is something a Government should be involved in. Providing free rides to the progeny et al of voting blocks, Nope!
Have a heart elected and appointed recipients of taxpayer funded pensions. We, the working in the private sector deserve some consideration. Don’t use your position of power to buy votes or favours to penalize we the disadvantaged working stiffs.
I think the line about every Canadian’s right… is being misinterpreted by some here, albeit it certainly stimulated some acid in my stomach at first too.
Click on the link “THE BOOK”.
The book written by Tufts is entitled Pension Ponzi:
How Public Sector Unions are Bankrupting Canada’s Health Care, Education and Your Retirement
It is every Canadian’s right to work at being an Ant instead of sitting back and being a feckless Grasshopper.
Canadians have a right to the fruits of their labour without corrupt larcenous government confiscating it to buy votes with.
Government is Theft.
You are onto to something there. That said, Ofaycat is right, except in this case he inadvertently fingers this fellow.
Ofaycat, I do believe that First Secretary Trudeau gave public servants the right to unionize.
When it comes to wages and pensions government apparatchiks are a class above the proletariat and peasants.
Hard bunch! ;))
Do you really think that the government and their private sector confederates encourage you to invest in RRSP for your benefit? That is not the way it is. You’re going into partnership with the government when you set up a RRSP and it’s a partnership that is totally in their favor. The reality is that RRSP are low hanging fruit that the government socialists will come after when they need it. They’ll be able to get their hands on it one way or another, either through taxation or just outright seizure. Another bonus for them when they seize a part of or all of everyone’s RRSP is that they’ll automatically become the largest shareholders (aka: owners) of all these business’s that you’ve invested in. It’s called Nationalization by stealth and we’re a Liberal-NDP-BQ coalition government away from it happening.
T’other day I made a coupla lawyers cross their legs….
I sez, you guys were stupid to become lawyers…..you coulda become cops….had a 5 head start to retiring on a full pension after 20 years…withiout the expense of university and law school.
Fair? Whenever I hear some leftard or apparatchik say something needs to be made more “fair”, I check my wallet, because usually, their definition of “fair” means someone’s hand is in it. McGuinty’s “fair-share” health tax ,er, “contribution” is a perfect example. As that old tune by the Replacements put it, “Well, I’ve got the pistol, so I’ll keep the pesos. Yeah, that seems fair.”
Tufts is a Conservative! and does not believe in pensions backstopped by taxpayers
Read his book, his numerous articles or follow him on twitter.
He and Catherine Swift from CFIB have been exposing the govt/public sector pension Ponzis and are fighting for taxpayers:
Get ready to pay billions for hydro pensions
http://opinion.financialpost.com/2011/08/31/get-ready-to-pay-billions-for-hydro-pensions/
https://twitter.com/BillTufts
when FDR was president of the USA his advisers wanted him to form a government employies union to which he replied, the government employies don’t work for the government, they work for the people and therefore no union.
All pension plans, whether public or private sector should be entrusted “off the books”, IOW without ongoing reliance on taxpayers or sales of goods and services. The pensions of GM (for example) and most of the public sector are no different than ponzi schemes and should be considered fraudulent.
Firefighters in Nanaimo start day one on their job with a salary of $80,000 plus benefits. Most make well into six figures and have parity with Vancouver firefighters, despite the fact we had only four large fires for all of last year. One councillor, a former president of the union brays that it’s not about the cost of living (much less than Vancouver) but “what they know”. Start young enough and you could retire at 52 with a $90,000 year pension – lasting 30 0r even 40 years.
So last night we had an ‘all candidates meeting’ for next Saturday’s civic elections. There were about a dozen burly firemen, all wearing bright yellow IAFF (Intn’l Association of Firefighters) t-shirts, handing out brochures on behalf of those councillor who butter their bread. Other civic groups paid $25 to have a table, but these b&^tards were too cheap to even do that.
They reminded me of those guys in Montreal or Wisconsin. Just kind of a threatening presence, rather than your local protectors.
“… fairness for all.”
This guy sounds like a shake-down artist to me.
What was it that Karl “I’m a lazy bum” Marx said again? Oh, yes, here it is:
“From each according to his ability, to each according to his need.”
So how are we going to get from “each”? Oh, yes, Mr. “Good-for-nothing bum” Marx didn’t say. So, let’s see now. I’ve got an idea! Why don’t we use government to do so so it sounds legal and legit? That’ll do it!
Then we’ll do it for so long that it sounds like it should be a right. Lovely, a legal and legit shake-down. It’ll eventually transform into a right.
So if they get to pick how much money they get from the public purse for retirement, that means we get to pick the age at which they retire, right? I’m thinking 85 sounds about right for many of the desk jobs…
Occam, I have been retired for ten years. I collect CPP and OAS. the rest of my income is from investments. I am not rich but the government still finds a way to tax that which I have already paid taxes on.
As I read comments, I believe there is misunderstanding in Bill’s position and message. My company, Avenue D Consulting has entered into a joint venture with Bill to, among other things, free taxpayers of the shackles of the unionized DB plans in government and crown corporations.
Check it out, http://www.avenuedconsutling.ca
Please see my comments bellow.
Please see my comments below. You missed the point.