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Pensions Front Page in Waterloo

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July 30, 2012
Pensions Front Page in Waterloo

Critics warn that rising staff pension contributions will challenge municipal budgets Paige Desmond, Record staff Fri Jul 27 2012 WATERLOO REGION — Waterloo Region taxpayers are paying more and more for the pensions of city staff, with a $5 million increase in 2011. Critics say cities are headed for financial ruin, but city officials...
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The Bridge Benefit unfair to taxpayers

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July 30, 2012
The Bridge Benefit unfair to taxpayers

Jason Fekete, Postmedia News June 23, 2012 Federal government looks to scrap benefit cushion for retiring public servants OTTAWA — As the federal government overhauls Old Age Security, it’s struggling to pay for benefits owed to public sector employees — including a so-called “bridge benefit” of more than $12,000 a year each for federal...
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Fixing Nova Scotia Power Pensions

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July 30, 2012
Fixing Nova Scotia Power Pensions

June 28, 2012 Fixing NSP pension shortfall not up to ratepayers, critics say Higher contributions and dipping into profits are among options Nova Scotia Power should look at to make up a shortfall in its employees’ pension plan before digging into ratepayers’ pockets, critics said Wednesday. The utility said it needs an extra $26...
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OMERS Commentary

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July 17, 2012
OMERS Commentary

We are pursuing the OMERS pension review process. It has come to our attention that there are no cities that have submitted proposals to the Review. We urge your to contact your local politicians and bring them up to date! Here is our perspective on the Review and why it is important that cities...
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OMERS Pension Review

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July 7, 2012
OMERS Pension Review

OMERS is the pension plan for most city and municipal employees in the Province of Ontario. When major changes were made to the OMERS pension plan, the Act set out that: “Under the OMERS Review Act, 2006 the Minister of Municipal Affairs and Housing is required to ensure the appointment of a person to...
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The Todd Veinotte Show

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June 7, 2012

 

 

One of my favorite radio hosts from the Maritimes is Todd. This week he was away and his show was hosted by Rick Mantle. They love talking pensions especially with the problems in St. John

Click here to listen – Todd Veinotte Show – June 7 2012

 

Be it resolved that Canadians are Incapable of Preparing for their Retirement Needs

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June 5, 2012
Be it resolved that Canadians are Incapable of Preparing for their Retirement Needs

We don’t need to fix something that’s not broken.” - HOOPP President & CEO Jim Keohane  by ARIA staff May 31, 2012 - The great debate on retirement – can Canadians save enough on their own – came to the University of Toronto’s Hart House May 30. Before a packed crowd of experts featuring executives from...
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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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Teachers’ Pension Plan CEO offers ‘dose of reality’

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June 5, 2012
Teachers’ Pension Plan CEO offers ‘dose of reality’

    Bill Tufts, Special to Financial Post  May 7, 2012 This year in Canada 1,000 people will reach age 65 every day. This will continue every day until the year 2029. This aging tsunami sweeping over Canada will bring changes that we cannot even envision today. Last year the first of the Baby...
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Financial Planner – SueRicketts.com

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June 5, 2012
Financial Planner  – SueRicketts.com

Financial Tips From Sue If you don’t read another book this year, make sure you read this one! Do you wonder why some years back California was going bankrupt? Do you wonder why all those European countries are defaulting on loans and scaring the stock-markets all to hell? This is the book which explains...
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