Let’s fix the gulf between workplace pensions for public and private sector workers
According to Statistics Canada data, 87 per cent of public sector workers have a workplace pension plan, versus a shockingly low 20 per cent for private sector workers.
Compare that to 1976 numbers. Back then, 76 per cent of public sector workers had a workplace pension, while 29 per cent of private sector workers had one. Today’s numbers follow a trend of increasing participation for public sector workers and declining participation for private sector workers.