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POLICY BRIEF: Double and Triple Municipal Pensions
According to Statistics Canada, most government employees in Canada enjoy workplace pensions while most private sector employees do not.
While this gap is significant, an aspect that receives less public scrutiny is the fact that some government employees are set to receive not one, but two government pensions upon retirement from their employer. In rare cases, government employees will even receive three pensions courtesy of taxpayers: a generous main pension plan plus two supplementary pensions to top up their benefits.
SecondStreet.org decided to examine double and triple pension situations in 11 major cities across Canada, filing freedom of information requests with Vancouver, Edmonton, Calgary, Saskatoon, Winnipeg, Toronto, Ottawa, Brampton, Mississauga, Montreal and Halifax.
To see our policy brief – click here.
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