Thread by @yomeeks

This is your daily pension announcement: LAPP laying the smack on Franco "the Turd" Terrazzano. Take a good read. This has more to do with Calgary politics than anything else...#ABLeg #donttakethebait

calgarysun.com/opinion/column…

If Franco had any cajones at all he woulds spend his time asking why AIMCO has two long term incentive programs (LTIP and Special LTIP). One incentive is not enough! And , he would ask the question why the compensation disclosure is incomplete in this regard. #ABLeg

Franco's motives are not hard to discern. He won't comment on the upper reaches of AIMCO because they have some hardcore UCP supporters in residence. The overlords are present here, trying to influence the Calgary election. #ABLeg

Supplementary retirement plans (pronounced "Serp") are common features in for most employees public or private earning more than the pension max (about $160,000). Including AIMCO employees. So acting like a Serp is something new and only in the city of Calgary is ridiculous.

A pension that averages $18,000 per year is hardly a golden ticket. Nor is having your employer contribute to your pension during your working life. Franco and that other guy need to look at the people who are earning millions during the pandemic. #ABLeg