[Fuzz]

Originally Posted by calgarygeologist

That would a CPP/Fed issue although Alberta and the other provinces would have to agree to the final evaluation. Realistically though, if the CPP legislation provides the option for provinces to back out maybe they should also have the framework for determining assets and liabilities written into the legislation as well.

Let's not forget that the idea of creating a provincial pension plan is not really a new concept as the Ontario Liberals were taking about pulling out less than ten years ago under Wynne's leadership.

They do not.

The Canada Pension Plan legislation permits a province to withdraw from the plan if it sets up an equivalent plan. Under the CPP legislation, an Alberta plan would inherit liabilities for all benefits workers earned while working in Alberta since 1966. Because so many Canadians have moved into and out of Alberta since then, determining Alberta’s liabilities would not be easy.

There is no detailed formula in the CPP legislation for determining Alberta’s share of the total liability. A likely way of determining it would be to use the same proportion as the proportion of total contributions and the related pension credits attributable to Alberta workers over the years. The total contributions are in respect of all those who have CPP credits for any period worked in Alberta, not just those currently working in Alberta.

https://abpolecon.ca/2021/09/29/what...-to-albertans/