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.

Sunday, September 30, 2007

Cheap Shot

Hi All;
Rick Bartolucci took a cheep shot in the Sudbury Debate and this is a comment to Mr. Bartolucci.
Mr. Bartolucci in his shameful attempt to discredit his inexperienced opposition, cites the fact that Mr. Hampton, while disrespectfully referring to him as "Howie Hampton", received a $550, 000 pension buyout, hypocritically fails to include the 20 members of his own Liberal party who also received amounts far in excess of the $550, 000 collected by Mr. Hampton.
That's right! Twenty members of his own party, including McGuinty, Sorbara, Conway, Bradley, Ramsey etc... all received the same or similar amounts!
With that shot Mr. Bartolucci, you have reached the all-time zenith of hypocrisy.It's too bad your opponents didn't know anything about it, otherwise I'm sure you would have kept your little secret to yourself as you've done now for the last eight years.
What a shameful cheap shot!
Talk about the pot calling the kettle black.Mr. Bartolucci, besides being pompous in his attitude towards his opponents and his constituents, in his usual style fails to "tell the truth - the whole truth..." and include his own party members as recipients of this gross amount of taxpayers money.
Yes taxpayers money as well, because in order for all of them to get their pension buyouts, including his own Liberal brethren, the taxpayers of Ontario had to pay the 10 to 20 million dollar shortfall for the buyout to be completed.
Further he also fails to inform you all that this special unprecedented buyout was only created by the government for 61 MPP's while all other Ontarians were left out of this special little privilege.
That's right, the Liberals, including Mr. Bartolucci, so very eloquent in opposition to this financial largesse, have done nothing to include the rest of all Ontarians in this exclusive unfettered benefit.
That's right again, 61 MPP's amongst us are walking around quietly with full access to their pensions while the million other Ontarians with the same types of pension assets are struggling year after year with a mere 6.5% access!
So yes, Rick, why don't you you tell the public the truth - the whole truth and then maybe you won't be so smug when the audience and the public hears how much of a hypocrite you are.
Regards,Grant Fleury, Sudbury Ontario
Coalition of Independent LIF Holderslocked_pensions_gf@yaho o.ca
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