March 10, 1948 (20th Parliament, 4th Session)

LIB

Lionel Chevrier (Minister of Transport)

Liberal

Mr. CHEVRIER:

The Canadian National Railways advise as follows:
1. Pensions paid solely at the expense of the railway consist of either a basic pension of $25 or a service pension in excess of $25. The number of employees who receive only a basic
or service pension is:
Less than $25 per month 60 (old plan)
$25 per month 2,584
$25.01 to $29.99 per month ... 875$30.00 to $39.99 per month ... 667$40.00 to $49.99 per month ... 365$50.00 to $59.99 per month ... 225$60 or over per month 574
5,350
2. The number of pensions paid partly at the expense of the railway and partly arising from employee contributions is:
$25.01 to $29.99 per month
470$30.00 to $39.99 per month
1,994$40.00 to $49.99 per month
1,305$50.00 to $59.99 per month
873$60 or over per month
3,509
8,151
3. See answer to No. 2.
Questions

Topic:   QUESTIONS
Subtopic:   CANADIAN NATIONAL RAILWAYS-PENSIONS
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