pension reform

Pensions melting all over the place!!!

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July 8, 2011
Pensions melting all over the place!!!

Hello I am looking for someone who may be interested in helping to volunteer with Fair Pensions For All. I have been  running this blog Since January 2009 and it is becoming more onerous all the time. I have no financial interest the work that has been done to date. The activities of my...
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Atlanta makes major changes to pensions.

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July 7, 2011
Atlanta makes major changes to pensions.

The Economist reports that Atlanta had made changes to its pension system that will help to control pension costs. Pension problems in Atlanta, a $1.5 billion shortfall, are not any different than the ones affecting most of the public sector plans in Canada. We saw recently Canada Post with its $3 billion pension shortfall...
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Pensions funds buying …. Everything!!!

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July 5, 2011
Pensions funds buying …. Everything!!!

There was an excellent article letter today from Kelowna by a employment specialist, Robert Smithson . The article is called What is the state of our pension? After a couple of rough investment years in 2008 and 2009, the CPPIB earned investment returns of almost 15 per cent in 2010 and almost 12 per...
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Juicy Pensions in Winnipeg

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July 5, 2011
Juicy Pensions in Winnipeg

They are making some very juicy employee compensation in Winnipeg.  The Free Press is providing good coverage on comp issues. http://www.winnipegfreepress.com/breakingnews/City-staffers-out-earn-mayor—-124962599.html Here are a couple of questions for you regarding the line-up mentioned in the Free Press, of overtime, sick pay cash-out, vacation pay cash-out, retroactive pay on general increases, severance pay, retirement allowance...
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Cosy benefits at Canada Post

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June 29, 2011
Cosy benefits at Canada Post

The Chronicle Herald printed a letter I sent in response to a previous letter submitted by the Canada Post union local boss. The union letter was called  Profits before people at Canada Post. My letter was titled Cosy benefits at Canada Post: Time for taxpayers to strike. The letter from a Canada Post employee...
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Teachers plan to repay McGuinty’s kindness… or bribery?

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June 19, 2011

  An article today comments that the teachers of Ontario are planning to use their taxpayer funded influence to try and re-elect McGuinty in the province of Ontario. There is a trend surging across North America and unions are not budging. The less flexible they are the harder are the forces coming to bear...
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Public Unions Vs. The Unorganized Taxpayers

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June 19, 2011

Raise for Ontario police forces to cost taxpayers over $1 Billion

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June 15, 2011
Raise for Ontario police forces to cost taxpayers over $1 Billion

The true cost of the new wage deal for Toronto and OPP police officers is much higher than reported. Board ratifies 11.5% pay hike for police The raise for police in the new city contract brings salaries for officers to $83,800 per year, a raise of 11.5 percent. This means the salary before was...
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Canada Post goes Postal

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June 14, 2011
Canada Post goes Postal

  Canada is facing a postal strike that shows the extent to which taxpayers are getting hosed by government and quasi-government unions. There is an excellent article in the Montreal Gazette today Going postal: A look at the labour dispute Canada Post and CUPW. The article highlights the contract concessions that the union is...
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Guelph University must reform pensions

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June 2, 2011
Guelph University must reform pensions

There was an interesting article about the pension problems at the university. http://www.guelphmercury.com/news/local/article/538191–u-of-g-receives-pension-relief In an ever more competitive globalized economy there is an urgent need for Canada to produce high quality university graduates. Financial problems at the university stem from pensions that are unsustainable and are in dire need a permanent solution. The gold-plated...
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