|It's a Tough Job but Somebody Has to Do it.|
|Thursday, 17 November 2011 12:16|
I am feeling sorry for the NDP today. As the official opposition they have to bitch and whine about whatever the government is doing. And today the government is doing something really good - introducing a pension plan - the pooled registered pension plan, or PRPP - for people who work for companies too small to have their own pension plan, or for self-employed workers. Since most of my working years have been with small companies without pension plans, or as a self-employed worker, I would have liked this policy in place back when I was working full-time. It's too late for me but it will help the next generation and they need all the help they can get. My current pension plan is hoping my husband (who has a publically-funded pension plan, and will have a reasonable pension) doesn't leave me.
I know the real concern of the NDP is not about the workers that will benefit immediately from this plan. It's because they suspect that once these plans are in place, the government will divert all pension savings to this kind of plan - getting rid of the Canada Pension Plan altogether. And the NDP prefers guaranteed benefits, which are predictable but expensive. Well, we all do, but we are clearly having trouble paying for this kind of plan. Well, those are concerns, but not ones that need keep us fro helping people today - like self-employed workers - who have no plans now. So today I am sorry for, but also proud of the NDP today. Doing their job faithfully, complaining about government policy even when they sound particularly silly complaining about this particular policy.