Quebec City workers protest against pension reforms
Published Tuesday, August 12, 2014 12:06PM EDT
Last Updated Tuesday, August 12, 2014 12:55PM EDT
Protests by municipal workers against planned reforms to their pensions are continuing, with the latest event taking place Tuesday in Quebec City.
Several hundred unionized workers gathered to remind Quebec City mayor Regis Labeaume that he himself said it was unfair to retroactively change the rules of a pension plan that was signed in good faith.
The workers say that is exactly what the provincial government is proposing with Bill 3, and its plan to increase the amount of money employees will spend on their pension savings.
They are also upset that the new law would take away automatic indexation of their pensions. They say that over a ten-year-period, the loss of indexation could mean a loss of $5,500 on an annual pension of $27,700.
More protests are scheduled next week, part of a public persuasion campaign as parliamentary hearings on Bill 3 begin at the National Assembly on Aug. 20.