11 11, 2019

What it would mean for pensioners if Kenney creates an Alberta pension plan

2019-11-11T13:05:17-08:00November 11th, 2019|Categories: Pension Funding|Tags: , |

Naturally, some questions arise whenever anyone floats the possibility of transferring billions of public dollars from one fund manager to another. Speaking Saturday during a keynote address to close the Manning Conference in Red Deer, Alberta, Premier Jason Kenney laid out measures that will be explored as part of what's being called the Fair Deal Panel. He announced initiatives that include creating a provincial police force, establishing a formal provincial constitution and opting out of federal cost-sharing programs. The [...]

24 02, 2014

Alberta Auditor General makes recommendations for pension reform

2014-03-10T23:57:01-07:00February 24th, 2014|Categories: Retirement|Tags: , , |

Alberta’s Auditor General recently released a report criticizing the sustainability of Alberta’s public sector pension plans. Pension plans under consideration include: Local Authorities Pension Plan (LAPP), Management Employees Pension Plan (MEPP), Public Service Pension Plan (PSPP) and Special Forces Pension Plan (SFPP). All are included in the Treasury Board and Finance Department’s pension reforms, in the purview of Spruce Grove – St. Albert MLA Doug Horner. According to the report, the audit project began in 2011 as a result [...]