From: brewnoser2@gmail.com   
      
   There are some stupids in Ontario (wakefield, bruyea) who think that mandatory   
   saving for retirement should be optional.  These are the same types that then   
   rely on provincial social services and federal top-ups to survive once they've   
   retired. . .   
   aka as 'government-dependent retirees'.   
      
   Kathleen Wynne and her government are lucking more far-sighted than many of   
   the rightwing dummies who live in her province.  She knows that this mandatory   
   contribution to their old age will contribute to their well-being - *and* be   
   less of a drain on the    
   taxpayers in future years.   
      
   A good premier - doing good things for her province, again.   
   ________________________________________   
   Reuters - Tuesday, Jan. 26, 2016   
      
   Ontario pushes ahead with new government pension plan   
      
   TORONTO --   
      
   Ontario, Canada's most populous province, said on Tuesday it will push ahead   
   with the launch of a new government pension plan rather than counting on an   
   expansion of the country's existing federal plan.     
      
   The Ontario Retirement Pension Plan (ORPP) is set to be introduced in 2017 and   
   is designed to benefit the two-thirds of workers in Ontario who do not have an   
   employer pension plan, provincial officials said.   
      
   "Our government is unwavering in its focus on ensuring a financially secure   
   retirement for every worker in our province through the Ontario Retirement   
   Pension Plan," province Premier Kathleen Wynne said.   
      
   Ontario has taken a two-track pension strategy since 2013, preparing to   
   introduce the ORPP while also waiting for a possible expansion of the Canada   
   Pension Plan (CPP), the federal plan that covers most working Canadians.   
      
   However, Ontario Finance Minister Charles Sousa said it had so far proven too   
   difficult to get the necessary agreement required among Canada's provinces to   
   expand the CPP.   
      
   "We advocated strongly for a CPP enhancement, as did the federal government,   
   but the consensus was not to be had," Sousa told reporters.   
      
   Like other governments around the world, Canada faces a challenge to provide   
   for its aging population.  By 2024, more than 20 percent of Canadians are   
   expected to be age 65 or older, the traditional retirement age, according to   
   federal government data.   
      
   "Changes in the nature of work are compounding the problem.  The working world   
   is no longer dominated by single job careers and guaranteed workplace   
   retirement plans," Wynne told reporters.   
      
   Under the new Ontario plan, by 2020 every eligible worker in Ontario will be   
   part of either the ORPP or a comparable workplace pension plan.  The   
   lowest-income earners will not be required to contribute.   
      
   The plan, which will start paying benefits in 2022, is designed to pay out up   
   to 15 percent of individuals' earnings over their career if they contribute to   
   it for over 40 years.   
      
   It particularly targets younger workers at smaller companies who may be well   
   paid but are not offered a pension as part of their benefits because it is too   
   expensive for their employer to provide one.  Wynne said it will only have a   
   limited benefit for    
   older workers.   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)