Patrick Brown and Ontario Conservatives Wrong on Public Pensions

SEIU Healthcare is calling on Patrick Brown to stand up for Ontario’s working women

Monday, August 31, 2015 (Orillia, Ontario) – SEIU Healthcare is calling on Patrick Brown to stand up for Ontario’s working women and support the Ontario Retirement Pension Plan (ORPP). Just last month Patrick Brown said, “ORPP is unacceptable, it will drive jobs out of Ontario.” Simply put, Brown is wrong and needs to do his homework.

Stand up for Ontario's working women

From 1997 to 2003, CPP premiums were increased by 65%, and the unemployment rate dropped from 9.1% to 7.6%.

Macroeconomics shows us that higher household savings, both the ORPP and a CPP enhancement, would lead to higher business investment in the long run.

Sustainable, efficient public pensions are also a source of fiscal advantage for Ontario, removing the risk to future taxpayers and strengthening Ontario’s balance sheet.

Patrick Brown and his fellow Conservatives are siding with the mutual fund industry that has among the highest fees in the world, while our best public pension funds have among the lowest costs despite excellent performance.

“The ugly truth is that senior women are twice as likely to live in poverty as men,” said Sharleen Stewart, President of SEIU Healthcare. “Working women need governments at all levels to strengthen pensions and ensure seniors have a secure retirement.”

And still Patrick Brown—with a generous, gold-plated, federal pension of his own—is opposing enhancing CPP and the ORPP which would help lift senior women out of poverty.

Stewart added, “At a time when the deck is stacked for those at the top, SEIU Healthcare is calling on Patrick Brown to stand up for Ontario’s working women and support the ORPP.”

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Sharleen Stewart, SEIU Healthcare President, is available to media upon request.

About SEIU Healthcare

SEIU Healthcare represents more than 55,000 healthcare and community service workers across Ontario. The union’s members work in hospitals, home care, nursing and retirement homes, and community services throughout the province. SEIU Healthcare has a strong track record of improving wages, benefits and working conditions for healthcare workers, supporting the training and development needs of its members, and strengthening standards in the management and delivery of patient and client care. www.seiuhealthcare.ca

For media inquiries, contact:

Gilleen Witkowski
SEIU Healthcare
416-805-0305
g.witkowski@seiuhealthcare.ca

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