Quote:
Originally Posted by loudi94
I linked the pension thing above. The association does a very good job with our pension. It is self-sustaining.
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Sorry just wanted to correct this; the Alberta Teacher's Pensions are certainly not self sustaining and is severely underfunded.
Premier Stelmach contributed 2 Billion dollars to the teacher's portion of the unfunded liability from the pension plan for labour peace in 2007. I believe currently the unfunded liability attached the the pension plan is now somewhere in the neighborhood of 10 Billion.