Quote:
Originally Posted by Fuzz
Ok, but you aren't setting up the fund. You are supporting a government that absolutely will not do that and has told us they won't do that. So now you know they will meddle, do you still think it is a good idea?
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This is the most compelling argument against the APP imo. The demographic math of fewer people with pre-1990 service is compelling for Albertans otherwise. It wouldn't even matter if the province started to age, since we aren't going back in time to add years of service pre-1990 when contributions were way to low.
But you can't trust the UCP with your pension money so no matter how good the math is we shouldn't switch.