WELCOME

I was surfing the Internet one day and I noticed that Saskatchewan had unlocked their citizens locked in pensions 100% when they were transferred from a locked in retirement account ((L.I.R.A.)) into a Fund where they would be able to start collecting from . (( we will call the unlocked fund a registered retirement income fund R.R.I.F. )) The name varies a little bit Province to Province. I was surfing a bit more and I found that Manitoba had Unlocked 50% of the locked in funds in their province for their people. (( They are currently being lobbied to unlock the remaining 50% )) I then begin to think (( and that is hard to do sometimes )) Ontario being a progressive Province. Why is Ontario not unlocking these funds for their people. Considering that this is very unjust and cruel legislation keeping these funds Locked in when a person reaches Retirement age. Many of us were lead to belive when we contributed to the Defined Contribution Fund and reached the age of retirement that we could draw on our funds at will. Not be controlled by the Government and only allowed to remove basically the interest on the funds from 2.5% to 11% depending how good the fund was doing. This our OWN MONEY not Government Money. It is not OAS or CPP.

Tuesday, February 3, 2009

Update on Private Members Bill 116

February 2, 2009

To all the people that would like to see LIRA , LIRF , and LIF's Unlock 100% in Ontario .

Great news! The Ballot Day lottery was held today and Ted pulled number 17. That means that second reading of Bill 116 will be held on May 7, 2009, much earlier than expected. There is still a chance that the Liberals will prorogue the house which might affect the number of the Bill and could possibly move the date back a few weeks but all signs indicate that they won’t prorogue.


This is a grassroots cause for fairness, respect and economic benefit. It is a cause for which many of you have been struggling for several years. While Ted Chudleigh is personally dedicated to Bill 116’s passage, he is also acting as your representative as Ontarians so I encourage you to keep in touch with him through me so that we stay united and so that your voices do not get muffled by the usual politics. Your ideas are most welcome. Even if we disagree, our own healthy debate will strengthen our position leading up to May 7th.

Thanks again to all for your continued support. Together, I think we have a real chance for success!

Best regards to you and your families,

Ben Ellis
Executive Assistant to
Ted Chudleigh, MPP Halton
Ben.Ellis@pc.ola.org
416-325-5747

PS . AS always we need your support in contacting your MPP's and Premier Dalton McGuinty and request of them to pass Bill 116.
There will be a site where you can download a petition . I will post it as soon as it is set up .

Regards Bill C
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