defined benefit pensions

Bill Talks Sick Days with Scott Thompson

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September 5, 2012
Bill Talks Sick Days with Scott Thompson

Scott and Bill discusses the cost of sick time and other benefits for city employees. Click Here – Scott Thompson – August 31 -2012 Scott wrote an excellent follow-up op-ed for the Hamilton Spectator about the issue. We’ve reached a tipping point on what the public sector can demand   I have two kids...
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Highly-Touted Pension Reforms Woefully Inadequate

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June 5, 2012
Highly-Touted Pension Reforms Woefully Inadequate

  The Bay Observer, Ontario taxpayers had high hopes that the highly-touted “tough and sweeping changes” to bloated public sector pensions in the budget would begin to fix a broken system. The budget fell far short of this goal. The budget polices that were announced regarding pensions were woefully inadequate and downright worrying as...
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Manitoba Teachers Loving NDP Going Into Election

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August 29, 2011
Manitoba Teachers Loving NDP Going Into Election

  Manitoba has a complicated set-up for the teachers pension (TRAF). They have two pension accounts one for employee contributions and one for employer contributions. They are both calculated separately. The teacher’s pension does not appear that it have any pension shortfall problems as the government made a $1.5 Billion balloon contribution into the...
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Pension report from BC’s Finance Minister

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January 22, 2010
Pension report from BC’s Finance Minister

The Globe and Mail pension specialist, Janet McFarland, covered a report released from the BC government. The report shares their vision for the future of pensions in Canada. Middle-income retirees face pinch BC Pensions Report This ia an excellent article on an interesting topic. The CPP as it stands is designed to provide 25%...
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The need for transparency in public sector pensions

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June 29, 2009
The need for transparency in public sector pensions

A group of business leaders called British North-American Committee examined public sector pensions in the UK Canada and the US. The fruits of their labour is a report called The need for transparency in public sector pensions Gold-plated pensions extinct in private sector They began by recognizing that “private companies have considered the rising...
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