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Trouble with BC’s Teachers

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May 24, 2009
Trouble with BC’s Teachers

I recently had a look at pensions in BC. They are all included in a website at BC Pension Corp They must be scrambling to decide what the message will be on the release of this year’s information. They are behind on releasing their annual update as they were released in early April for...
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Double Dipping

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May 10, 2009

Double dipping is a term referring to the practice of earning a wage at the same time as receiving a pension. New Haven Video Double Dip Pensions In order to get a double dip pension it is received at an age younger than the normal retirement of age 65. It must also be from...
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St John City Pension

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May 1, 2009
St John City Pension

Please see the complete collection of newslinks about the ST John Pension on the main Blog See the other blog posts as well.St John First City in Canada to Make Pension Changes St John Pension Problems The precedent fight in the city of St John heated up again this week. It is important because...
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April 22, 2009

Here is a classic from my favorite newspaper in Canada the St. John Telegraph. All taxpayers are suffering the same fate as those in St John. There is a constant demand for our tax dollars to go to fund the compensation packages of public sector employees. As this cartoon shows the highest expense for...
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Regina’s Pensions

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April 18, 2009
Regina’s Pensions

Heated discussions are flaring up over Regina’s pension predicament. There is concern and alarm over the huge shortfalls that taxpayers will have to fund. Taxpayers not only have the burden of covering the cost of their personal retirement shortfalls but in addition must pick up the cost of pensions for public sector employees. Last...
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Pension Battle Continues in St John

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March 31, 2009
Pension Battle Continues in St John

From the St John Telegraph The pension battle continues in St John, New Brunswick. It is one of the first of it’s kind in Canada and may be the precedent case for public sector pensions across Country. These plans are broke but no one wants to admit it, least of all those who are...
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Pension Reform in Canada

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March 26, 2009
Pension Reform in Canada

It is apparent that the current pension system that we have in North America does not work and needs to be rebuilt. In the United States many Governors and business organizations have taken on the task of examining what went wrong with our public sector pensions and what needs to be done to reform...
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The True Value of Pensions

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March 21, 2009

Today I was at the Farmer’s Market in Hamilton for my usual weekly shopping. Outside the Federal Building I came a cross a large protest by the local USW union protesting for protection for pensions. They have a right to be concerned about their pensions and the security of these pensions. I am not...
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OMERS Posts results for 2008

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February 24, 2009
OMERS Posts results for 2008

OMERS released their much awaited financial results for 2008. As anticipated the markets pummeled the fund and along with it the taxpayer. The Ontario Municipal Employees Retirement System is the 3rd largest pension fund in Canada. These pension funds have been the largest diversion of taxpayer’s money since the secound world war. This money...
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Prime Minister of UK makes call to scrap Member of Parliament final pay pensions

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February 16, 2009
Prime Minister of UK makes call to scrap Member of Parliament final pay pensions

In a bold move the current Prime Minister of Britain wrote a letter to a parliamentary review board asking them to consider moving the MP gold-plated pension plan to a contributory plan. This is possibly a first step in the reform of the public sector pension system in the UK. This article that was...
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