Quote:
Originally Posted by calf
Why don't these morons realize there's economies of scale when pooling money with the RoC? Sure, maybe contributions are less per person, but having an overall larger pool of contributions provides the CPP better investment opportunities, more stability of contributions...all fundamental pension management practices. Fiscal conservatives my ass.
I often wonder too, if an APP is so important, why don't they lobby for an Alberta EI program too?
(Other than that they're both ####ing dumb ideas)
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Taking control of our own Pension Funds is a laughably short-sighted plan.
Anyone who thinks this is good idea has no concept of how pensions funds work.
These are long-term plans...Alberta has an advantage 'right now' if we potentially manage our own pensions...but that advantage is short-term and small...the exact opposite for what you need in pension planning.
I would strongly suggest that if anyone has the opportunity to vote against or talk someone out of, an Alberta Pension Plan....take it.