Report of the committee
Thursday, December 8, 2016
The Standing Senate Committee on Social Affairs, Science and Technology has the honour to present its
EIGHTH REPORT
Your committee, to which was referred Bill C-26, An Act to amend the Canada Pension Plan, the Canada Pension Plan Investment Board Act and the Income Tax Act, has, in obedience to the order of reference of December 5, 2016, examined the said bill and now reports the same without amendment.
Your committee has also made certain observations, which are appended to this report.
Respectfully submitted,
KELVIN KENNETH OGILVIE
Chair
Observations to the Eighth Report of the Standing Senate Committee on Social Affairs, Science and Technology (Bill C-26)
The Canadian Pension Plan includes provisions which allow an individual to leave out the years they were unable to work due to disability or child-rearing when calculating the value of their government pension. This ensures that an individual’s government pension is not dragged down due to these years of little to no contributions. The proposed expanded CPP plan in Bill C-26 does not include these provisions, and as such there is a potential that individuals who have to temporarily leave the workforce for the reasons stated above will receive a lower pension than their peers. The government should work with the provinces in order to ensure that the expanded CPP includes these provisions.