Reduce the length of time pensioners collect. The Auditor General noted that one of the biggest problems with the pension plans is that pensioners are living longer and collecting more and more benefits. It's not likely they will be willing to voluntarily give up their entitlements but steps can be taken to lower their life expectancy.
Canadians are worried about their retirement years. For families struggling just to make ends meet, saving enough for retirement seems more like a dream than a real possibility. But instead of taking action to address financial security for seniors, the Conservative government has acted recklessly.
I'm writing you in hopes that you can step in and stop these three from causing further harm. Is there a group or organization or caucus, say, that you could refer this matter to and come up with a mechanism for stopping these bullies? I'd really appreciate any help you could provide as I'm now even scared to go to my mailbox for fear of what the next letter from the government might bring. Some of my fellow victims are afraid these bullies are going to get meaner and meaner and de-index our pensions or even cut them back. Some are even saying they're going to take away our mailboxes but I can't believe they'd be that cruel.
Imagine it's March, 2013 and you discover to your considerable horror that you must pay the government $9,000 in addition to the taxes you normally fork over. Sounds pretty far-fetched, doesn't it? Well, you and I, and every other man, woman and child in Canada are each on the hook for an extra $9,000 to pay for the $300 billion (or more) in promises to public sector pension plans that governments don't have the money to pay.