MONTREAL – Some Quebecers may have to delay their retirement plans if the provincial government succeeds in a plan to push back the age at which they can collect pensions.
Finance Minister Carlos Leitao said in Montreal on Saturday that it was inevitable that the age of collecting benefits would need to be delayed.
READ MORE: A look at possible changes to the Canada Pension Plan
Currently, Quebecers can begin receiving cheques from the provincial pension plan at 60.
Leitao said a person who retires at that age can expect to be active for another 25 years.
He said the government would have no choice but to adjust the retirement age in order to ensure the regime’s sustainability.
Leitao made the comments at a meeting of Quebec’s governing Liberals.
- Peel police chief met Sri Lankan officer a court says ‘participated’ in torture
- Budget 2024 failed to spark ‘political reboot’ for Liberals, polling suggests
- Wrong remains sent to ‘exhausted’ Canadian family after death on Cuba vacation
- Liberals having ‘very good’ budget talks with NDP, says Freeland
Comments