Cartoon: For senior faculty, Ford crashes the party
Once Ontario’s 2019 budget bill is passed at Queen’s Park, senior faculty across the province’s post-secondary sector could soon face a choice between retirement and a decreased salary. Under the new law, the province will have the authority to reduce—including reduce to zero—salaries of post-secondary faculty, once they begin receiving pension payments.
If implemented, the choice between receiving pension payments and retiring won’t be an option for faculty because citizens must legally begin taking their pension at age 71 in Canada. — Raechel Huizinga