Discover and read the best of Twitter Threads about #dontholdyourbreath

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This is your daily pension announcement: So the @ATRFPension reports that transferring the first 1/3 of assets to @aimcoinvests cost nearly $5 million. Currently, teachers will be on the hook for half.

(This does not include @aimcoinvests' transition costs) #AbLeg #handsoff
It would only seem reasonable that Travis and the GOA should cover the cost of transitioning to @aimcoinvests. After all, he legislated it. Teachers' should not have to pay for a transition they were no part of. #AbLeg #handsoffmypension
It is curious that @aimcoinvests "business case" for moving assets does not address transition costs in any way. And, we are still waiting for $1 of savings. The 0.25% that Kevin promised is an absolute pipe dream. #AbLeg #dontholdyourbreath
Read 7 tweets
This is your daily pension announcement. The Pension War Room™️ wishes you a joyous Canada Day! Or, if you are blowing the white colonial dog whistle for your base, Dominion Day it is. #ABLeg
If you want every detail of AIMCO's volatility losses Leo recounts it here.

Note: Leo agrees with me that any report should be made public for all Albertans to see. #ABLeg #dontholdyourbreath Very unlikely in our current state of dictatorship..

pensionpulse.blogspot.com/2020/06/aimcos…
BTW, the KPMG team hired to look into the AIMCO risk management trading nightmare has not, and apparently will not, talk to any of the pension funds whose money was lost. #toobad #ableg
Read 3 tweets

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