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Statement from the Canadian Institute of Actuaries (CIA) on New Democratic Party pledge on Canada/Quebec pension plans

OTTAWA, Sept. 3, 2015 (GLOBE NEWSWIRE) -- Rob Stapleford, President of the Canadian Institute of Actuaries (CIA), said today, "The Institute acknowledges Mr. Mulcair's pledge to convene a first ministers' meeting on the Canada and Québec pension plans. In pre-election briefings the CIA urged federal action on this issue, calling for the appointment of a national pensions champion to develop a simple, flexible, and transparent country-wide retirement system to secure better pensions for all Canadians.



"Today's announcement is a good first step. In the coming weeks the CIA will release its own vision for how Canada can build a more secure retirement system."

CONTACT: For further information, contact Elliot Hughes, government relations and communications manager, at (m) 613-769-9973 or (o) 613-236-8196 ext. 148, or by e-mail at elliot.hughes@cia-ica.ca. Follow us on Twitter at @CIA_Actuaries or visit cia-ica.ca.

Source:Canadian Institute of Actuaries