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Old 04-10-2012, 09:50 AM   #1412
Slava
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Join Date: Dec 2006
Location: Calgary, Alberta
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Quote:
Originally Posted by crazy_eoj View Post
I don't think you understand what you are talking about.

The pension shortfall was allocated to be paid 25% by teachers, and 75% by government. That is what they agreed upon.

THEN, the government offered them 2 BILLION dollars towards the 25% the teachers had already agreed to pay. That on top of the billions the province had already paid for, as agreed upon, for their pensions.

So instead of teachers contributing the amount they agreed they would to their own pensions, Stelmach bought their silence with a quick 2 billion dollar payout.

And the wildrose would probably make public employees contribute to a defined contribution pension fund, exactly like the majority of private employees. Only public sector workers are comfortable with defined benefit pensions because they know the government will likely bribe them off with public money, and they will never acutally have to pay for their retirement like the rest of us.

http://www.calgaryherald.com/busines...381/story.html

Well lets just jump to the present day; how exactly would the Wildrose just "make public employees contribute to a definied contribution pension fund..."

This ought to be interesting. Is that actual policy anywhere, or just wild accusation on your part?
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