Thread by @yomeeks

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

In other news, it has come to my attention that UCP MLAs continue to be shocked at how well teachers understand their pension plan. Pension hawks keep it up! #AbLeg

@jkenney is currently walking the leadership plank. What got him there is his "autocratic" and "dictatorial" leadership style.

Decisions like moving the investment manager of ATRF and barring LAPP from firing @aimcoinvests are good examples of this. #Ableg #paythepiper

Today is a good day to remind you that the GOA has such a poor understanding of fiduciary and trustee law that the ATA and I had to take them to court last September to establish an investment management agreement with @aimcoinvests. #AbLeg #handsoffmypension

So if you get a chance to ask @ewsiddall what exactly the direct transition costs are for the ATRF $20 billion asset transfer please do. #AbLeg #handsoffmypension