Stop Pension
Theft
Canada’s public service workers deserve the pension they’ve paid for.
Join the Fight:
Protect PublicSector Pensions.
The Liberal Government’s plans to pocket $9.3 billion dollars from the federal public service pension plan is a betrayal of workers in Canada.
This reckless decision jeopardizes the retirement security of over 700,000 federal public service workers, including territorial government employees.
If the government can poach pension funds from its own employees, what’s to stop other employers from following suit and putting millions more at risk?
It’s not too late to fix this.
Tell the government to lead by example. Don’t let this dangerous precedent be set – protect pensions now.
Fair Pensions, Fair Future
PSAC has exposed the government’s decision to suspend its contributions for the next four years while expecting workers to continue to pay their share. This unfair move benefits on the government, undermines trust, and sets a dangerous precedent for all workers in Canada.
Pensions are sacred – they represent deferred wages and the promise of retirement security. Poaching pension funds breaks that promise, putting the retirement security of workers in jeopardy and eroding trust for all workers in Canada.
PSAC has proposed three fair and reasonable solutions to address the pension surplus and restore fairness:
- Reverse the two-tier system introduced by the Harper government in 2012, which unfairly denies newer employees the same benefits as long-term workers.
- Follow through on the government’s commitment to provide equitable retirement options for frontline public safety works.
- If the government gives itself a contribution holiday, workers who equally pay into the pension plan should get one too, ensuring fairness and equity.
This is about more than money – it’s about doing the right thing, protecting retirement security, and honouring the commitments made to those who serve Canada.
A Shared Commitment,
A Broken Trust
The federal public service pension plan represents a partnership — a promise between the government and over 700,000 public service workers, including territorial government employees, across Canada.
That promise is being broken.
The Liberals have taken $1.9 billion from the pension surplus and plan to suspend $7.4 billion in government contributions – without consultation or transparency. Workers, who contributed equally to the pension plan, have been denied the same relief.
But it’s not too late to do the right thing. By adopting PSAC’s fair and reasonable solutions, the government has an opportunity to lead by example, rebuild trust, and protect the retirement security of hundreds of thousands of workers in Canada.
Why PSAC is Taking Action
For decades, the Public Service Alliance of Canada has championed the rights of workers — from securing fair wages and safe workplaces to fighting for retirement security.
In these uncertain economic times, pensions are a cornerstone of stability for workers and their families. The pensions of federal workers might be the target now, but this move gives carte blanche to every other employer in Canada to raid their employees’ pension plans – from public to private, unionized and non-unionized workers.
This is an opportunity for the government to act now, reverse its underhanded actions, and demonstrate fairness, transparency, and accountability to workers.
This is more than a fight for public sector workers — it’s a fight for everyone who believes in fairness and accountability.
The Stakes Are High —
Here’s What’s at Risk
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Retirement Security
Over 700,000 public sector workers and retirees, including territorial government employees, rely on these pensions. The government’s deceitful actions – suspending contributions while denying workers equivalent relief – leave their futures uncertain.
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Broken Promises
The Liberal Government pledged to protect public service pensions but went back on its word. Workers in Canada deserve better than a government that undermines its commitments.
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Financial Hardship
People in Canada are already grappling with rising costs and economic instability. This attack on pensions adds another layer of stress for public sector workers and their families.
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A Troubling Precedent
If the government can poach pension funds from its own employees, what’s to stop other employers from undermining the retirement security of millions? Don’t set this precedent – protect pensions now.
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Equity and Inclusion at Risk
Racialized, Black, Indigenous, and young workers – who already face systemic inequities – are disproportionately harmed by this decision. Expanding the retirement availability for public safety officers or reversing the two-tier system could have addressed some of these inequities, but the government’s actions reinforce them instead.