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This is your daily pension announcement: The "how LAPP got screwed over" edition. BTW here is my #fakedog. If the energy war room can do it so can the pension war room...#handsoffmypension #ABLeg #ABed 
The same general comments I make about LAPP also apply to PSPP and SFPP though some of the details are different.
I can't provide the complete history of the plan... other than to say that Bill 22 substantially changes governance for the LAPP Corporation.
I can't provide the complete history of the plan... other than to say that Bill 22 substantially changes governance for the LAPP Corporation.
This seems to have resulted in the GOA re-assuming all the risk for the plan. Some history: before the LAPP was a plan where the Minister of Finance was the sole trustee and custodian of the plan (a "fiduciary"). This was not ideal in terms of structure. #really
