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Scott Southward Analyzes – OECD Pensions at a Glance 2011

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May 12, 2011
Scott Southward Analyzes   – OECD Pensions at a Glance 2011

The OECD periodically researches pensions around the world. They do a broad scan of pensions and identify the emerging trends. This year in light of trends happening in Canada Scott Southward provides us with an analysis of the report and how it integrates with the trends that are happening in Canada. Scott is a...
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New contract for Toronto police unfair to taxpayers

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May 9, 2011
New contract for Toronto police unfair to taxpayers

  The City of Toronto has announced a new police contract that will be very costly to the city’s taxpayers. The National Post captured sentiments about the new contract well in their article What the #&^$: New contract for Toronto police. The contract is large but the true costs of it are hidden from taxpayers....
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Pension Bootcamp

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May 5, 2011
Pension Bootcamp

The California Foundation for Fiscal Responsibility is an organization committed to educating the public and key decision makers about California public employee retirement benefit issues and developing fiscally responsible solutions that are fair to employees, employers and taxpayers. I attended their Pension Bootcamp earlier this spring. Here is a video similar to the program...
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A new roadmap for the future

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April 12, 2011
A new roadmap for the future

  As our book nears completion and the last details are put in place and polished up there is some apprehension about whether we have covered all the necessary material bases and whether the concepts that we have developed and the ones we have used are appropriate. It is nice to be vindicated with...
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Laurentian Medical College makes cut backs on staff to pay for pension

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April 1, 2011
Laurentian Medical College makes cut backs on staff to pay for pension

There was an article in the Sudbury Star that shows the increasing danger of gold-plated pensions. 24 jobs cut at Northern Ontario School of Medicine. NOSM is operated by Laurentian University in Sudbury. It is unacceptable for the people of Ontario at a time when there is a strain on our health system and...
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Is the Air Canada pension plan too rich?

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March 31, 2011

. In 2009 the Air Canada pension plans were short $2.9 billion despite the fact between 2004 and May 2009 the company had pumped $1.7 Billion into the plan. Now they are requesting money from Canadian taxpayers. With Ministers, high level officials senior government officials and Members of Parliament. All of whom have gold-plated...
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Ontario Teacher’s Pension to Hit the Wall in 2014.

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March 18, 2011

From the archives a member of the Ontario Secoundary School Teachers Federation (thanks Joe)    Despite hefty contributions and huge asset accumulations there is a crisis and it will hit in 2014 with a vengeance! Bill Tufts Fair Pensions For All
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UK pension comparison

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March 16, 2011
UK pension comparison

Chart from Statscan 2007 Note: RRSP assets in Canada total about $700 Billion I received an excellent analysis and comparison of pensions in Canada and the UK. Bob Parsons had written to me in response to the blog I wrote about the Hutton pensions report that was released in the UK. There are big...
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