Quote:
Originally Posted by bizaro86
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.
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There was one other item that they kept talking about online. It was a $1.4 trillion deficit that I think the CPP carries. Something about the original recipients funding not being covered by their contributions (because there weren’t any) at the start of the program. I didn’t quite follow that part.