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CPP Homemakers Pension - 1986

Category:LEGISLATION
Sub-Category:ECONOMIC - PENSIONS & INSURANCE
Resolution Number:100.20.22
Club:Ottawa
Year: 1986
Status:Open
Reaffirmed:
Comments:

THEREFORE BE IT RESOLVED THAT the Business and Professional Women's Clubs of Ontario strongly urge the Government of Ontario to continue its support for amendments to the Canada Pension Plan to ensure the provisions for
1. the establishment of a homemakers pension for a person working only or mainly in the home to care for a spouse, a child under eighteen or a dependant and infirm adult living in the home (Recommendations 3.7, 3.8, 3.9)
2. automatic splitting of pension credits when the younger spouse reaches 65 years, on marriage breakdown, or when one of the spouses dies (Recommendation 3.5)
3. general drop-out provision be increased from 15% to 25% of lowest earning years and the child care drop-out provision be altered so that it may be used by either parent (Recommendations 3.15 and 3.16)
be integrated in to the Canada Pension Plan before next year and,
FURTHER BE IT RESOLVED THAT the Business and Professional Women's Clubs of Ontario strongly urge the Government of Ontario to support the Government of Canada in the extension of mandatory participation in the Canada Pension Plan to include homemakers as set out below:
a. contributions and subsequently benefits shall be computed on the basis of an imputed wage equal to one-half of a representative wage
b. contributions on behalf of homemakers caring for children aged less than seven years or caring for family members who are unable to care for themselves shall be paid from general revenues
c. contributions on behalf of other homemakers shall be paid by those persons benefiting directly from their work, who would normally be their spouses.

 

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Article ID: 3953