Mr. John M. Reid (Parliamentary Secretary to President of the Privy Council) moved
for leave to introduce Bill C-383, to protect the indexing of payments made under the Canada Pension Plan.
He said: Mr. Speaker, since January, 1974, when the Canada Pension Plan became fully indexed, a number of anomalies have appeared in various aspects of the plan with the result that the full effect of indexation has often not been passed on to those who are supposed to receive it. This bill is aimed at ensuring that the pensioner, not the insurance company, should benefit from the indexing of payments under the Canada Pension Plan.
Subtopic: CANADA PENSION PLAN INDEXING PROTECTION ACT
Sub-subtopic: MEASURE TO PROTECT THE INDEXING OF PAYMENTS UNDER THE PLAN