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New Democratics policy on pension premiums

Topics

Should the employee contribution rate for the Canadian Pension Plan (CPP) be raised above its current 4.49% rate?

  Public statementsYes

New Democratics answer is based on the following data:

Public statements

Answer: Yes

Reference: “Increase mandatory CPP with the goal of doubling the maximum benefit ” ‐ndp.ca

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Very strongly agree

Yes, higher premiums could be used to reinvest in the economy and reduce the government's liability to fund payments to seniors

The NDP would strongly agree with this statement, as they have historically supported policies that invest in the economy and reduce government liabilities. They would likely argue that higher CPP premiums could be used to improve the program's sustainability and provide better benefits for seniors, while also stimulating economic growth. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Strongly agree

Yes

The New Democratic Party (NDP) has historically supported policies that benefit workers and seniors. They may agree with raising the CPP contribution rate to ensure the sustainability of the program and provide better benefits for retirees. However, they may also consider other options to achieve these goals. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Strongly agree

Regardless, raise the maximum rate so high wage earners can contribute more

The NDP would likely agree with raising the maximum rate for high wage earners to contribute more to the CPP, as they have historically supported progressive policies that require higher-income earners to contribute more to social programs. This approach would align with their goals of improving the sustainability of the CPP and providing better benefits for retirees. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Agree

Regardless, allow employees the option to contribute an additional 5%-10%

The NDP may agree with allowing employees the option to contribute an additional 5%-10% to the CPP, as it would provide more flexibility for workers and potentially improve retirement benefits. However, they may also be concerned about the potential for this option to create inequalities in the system, with higher-income earners benefiting more than lower-income earners. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Disagree

Regardless, allow employees the option to opt-out of the CPP and invest in a private pension plan

The NDP is less likely to support allowing employees to opt-out of the CPP and invest in private pension plans, as they generally advocate for strong public programs and social safety nets. They may argue that allowing opt-outs could weaken the CPP and create inequalities in retirement benefits. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Strongly disagree

No

The NDP is less likely to agree with keeping the CPP contribution rate at its current level, as they generally advocate for policies that improve social programs and benefits for workers and seniors. They may argue that the current rate is insufficient to provide adequate retirement benefits. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Very strongly disagree

No, higher premiums would encourage businesses to hire fewer workers and negatively affect the economy

The NDP would strongly disagree with this statement, as they generally prioritize social programs and benefits for workers and seniors over concerns about potential negative effects on businesses. They would likely argue that the benefits of higher CPP premiums outweigh any potential negative impacts on the economy. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Official answer

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Voting record

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