This is your daily pension announcement: The Pension War Room™️ brings you a blast from the past! Back in 2007 the Minister of Education commissioned a task force on teacher's pensions. #ABleg #handsoff
ATRF unfunded liability report, yumpu.com/xx/document/vi… via @yumpu_com
ATRF unfunded liability report, yumpu.com/xx/document/vi… via @yumpu_com
Our very own @LukaszukAB was a member of the task force that presented a thorough and well thought out analysis to then Minister Ron Liepert. (This is how democracies function, take a note Travis and @nateglubish ). #handsoffmypension #ABLeg
I am posting this document because Travis and Athana (and MacKinnon too) seem entirely unfamiliar with the pre-1992 unfunded liability. They have said some pretty crazy stuff.
They were not around when the PCAA leadership race of the day featured both Stelmach and Hancock promising to deal with this issue upon election. #ABLeg #handsoffmypension
Any MLA and Athana need to read this task force report before making pejorative (and largely wrong) statements about the pre-1992 unfunded liability.
I will reproduce one quote from the report:
(UCP MLAs have been told that the GOA "guarantees" teachers' pensions- wrong.)
I will reproduce one quote from the report:
(UCP MLAs have been told that the GOA "guarantees" teachers' pensions- wrong.)
"While we were not asked to recommend a specific option, we must comment at the outset that we do not believe that the status quo is in the best interest of teachers, taxpayers of the education system." #ABLeg #handsoffmypension
Truth bomb from 2007. But that just goes to show that if you you take the time to investigate and analyze complex financial decisions you can sort things out. I would challenge Travis to do the same with respect to the ATRF. #ABLeg
