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Federal target-benefit bill denounced as ‘unconscionable betrayal’

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Scott Aver:

This evolution can’t come soon enough if public service employees expect their retirement plans to be sustainable. Promises made 40 years ago cannot possibly continue in today’s investment environment. Additionally, the tax payer expects the government to be prudent with their spending.

Monday, November 21 at 1:53 pm | Reply

Sylvie Leduc:

Either defined or target benefits pension plans need to rest on common data standards feeding into the development of cutting edge, solid and transparent technology to ensure the sustainability of both types of plans for current and future generations around the globe with the ultimate goal of reducing income inequalities and strengthening our economies. This step is commendable; yet it does not address non-federally legislated plans sponsors and members. We need to be consistent here folks for all Canadians

Tuesday, November 22 at 3:32 pm | Reply

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