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CARP sets out wish list for DB pension protections in 2020 budget submission

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Bernice White:

Today I sent an e-mail directly to PM Trudeau’s office re: finance and specifically asked for % for minimum RIFF withdrawals to be lowered this year, so that we are not forced to drastically lower the remainder of our sinking equity (due to stock market plummeting) which will never recover if large amounts are in forced withdrawal (based on end of Dec. values, BEFORE the plunge).

Monday, March 16 at 10:38 pm | Reply

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