Thread by @yomeeks

This is your daily pension announcement! The Pension War Room™️is back on the grid.
Take a look at this page from the GOA on public sector joint governance in good old 'berta. See if you can spot the errors.... #AbLeg #handsoffmypension
alberta.ca/public-sector-…

I do understand that updating the webpages might take time due to COVID but it has been nearly two years.

After all, this is where MLA (and employees and the public) get information from. So buckle in and apply your critical reading skills. #AbLeg #handsoffmypension

"Under joint governance, employee and employer groups share control of plan design and responsibility for the financial health of the plan." (correct)

So next time a UCP MLA says that the GOA alone is responsible for the financial health of the plan....refer them here. #AbLeg

"gives employee and employer stakeholders equal say in how their pension plans are managed"

Well that has been clearly overruled by Bill 22 and is no longer true. Stakeholders now have equal say unless Travis wants to impose his will. #AbLeg #handsoffmypension

"allows employee groups and employers to nominate representatives to sit on their sponsor boards as well as the board of directors of the corporations, with no final approval required from government"

Check Bill 22 for accuracy, because this isn't. #AbLeg

And finally: "continues plan services with AIMCo and Alberta Pensions Services for a period of 5 years, after which the corporations can choose to carry on with those service providers or consider new options"

As you well know this was overruled and eliminated with Bill 22.

I would encourage the GOA to update their website. It is no wonder that so many MLAs have trouble figuring out the AB pension landscape.

Travis accepted no input or feedback on Bill 22 which is what makes it bad public policy. #AbLeg #handsoffmypension