Thursday, June 10, 2010

Rafferty's pension bill off to committee

Thunder Bay Rainy River MP John Rafferty's private member's pension bill passed second reading this week.  Rafferty says the bill is now headed to committee and should be discussed sometime in October.  Rafferty hopes the bill will be passed into law by Christmas.  The NDP bill aims to change federal bankruptcy rules to give pensioners and laid-off workers of bankrupt companies secured creditor status.