Thread by @yomeeks

This is your daily pension announcement: the mailbag edition! Or, at least, the inner workings of pension policy edition.
1. First question, was something like why did @ewsiddall start his chat yesterday by going on about living in Edmonton? #ABLeg
aimco.ca/insights/first…

Well, that is a bit of a sore point with the GOA. They have, in the past, been embarrassed to find out that they have hired high profile execs that have "commuted" (Ahem, no names) from Toronto or other cities.

So it was important yesterday to put "Alberta" in AIMCO. #AbLeg

2. Second question was something like "what is the worst thing that Travis has said?"(I am assuming about pensions)
Well there is a bountiful garden of stupidity to choose from. #AbLeg #handsoffmypension

I would take yo back to his Nov 26, 2019 Op-Ed. I have attached the last paragraph. If you looked up stupid in the dictionary you might find this quote and his picture. How did the brain trust let this out without a proofread? #AbLeg #handsoffmypension

In this paragraph Travis tells us that he will lower contribution rates for public sector pension plans.

Travis does NOT set the contribution rates for the plans. The trustees do. He shat on the 12 years I spent poring through actuarial reports setting rates. #ABLeg

Travis tells us that he alone, the bargain shopper, can save the plans money.

Each one of these plans is responsible for finding the most cost effective solutions. Not Travis. In fact, he has made it very evident that he has little understanding of ATRF. #AbLeg

And, Travis tells us that he alone can deliver benefit improvements "if possible" again neglecting that he is one of two sponsors that must negotiate such things.

Travis represents the sponsor that, in the case of teachers, contributes less than 50% to the cost of the plan.

This has remained a gold star level of UCP gaslighting that we have become so familiar with.

With one paragraph he misstated the legal framework in AB, and denigrated the volume of work the plan trustees have done. #ABLeg #handsoffmypension