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Federal Minister of Finance and Pension and NB Shared Risk/Visionez: Le defi du Ministre Federal des Finances sur les Pensions et le Régime à Risque Partagé du NB
Attached is a recent article that appeared in the Ottawa Citizen newspaper on federal pensions as well as comments on NB Shared Risk plan.
Ci- joint un article qui a paru recemment dans le Ottawa Citizen, sur les régimes de pension du federal, ainsi que commentaires sur le Regime de Pension à Risque Partage.
Public service professionals suing NB government over pension reforms - Telegraph Journal
CHRIS MORRIS Legislature Bureau January 24, 2016
The New Brunswick government is facing a second lawsuit over changes made to public sector pensions that have raised the ire of retirees and some unions.
The previous Tory government’s decision to convert existing pensions to a shared-risk model, put into effect in 2014, has been the subject of protest and litigation. Now a national public sector union is moving ahead with its lawsuit against the province.
The Professional Institute of the Public Service of Canada has filed a notice of action in the Court of Queen’s Bench in Fredericton, alleging that the New Brunswick pension reform violates section 2D of the Charter of Rights and Freedoms, specifically freedom of association.
The Ups and Downs of Stochastic Modelling
As a follow-up to their recent report prepared for CUPE (see posting on Coalition's web-site of 31 July 2015 - "CUPE Holding Premier to Campaign Promises") PBI Actuarial Consultants have posted another article examining "Stochastic Modelling."
Update - Mise a Jour
Dear retirees, families and friends of the Coalition. Your Coalition is pleased to inform you that other legal challenges are being commenced by other plaintiffs against the Province and other defendants concerning their pension entitlement. In fact, a Notice of Action and a Statement of Claim was filed in the Court of Queen’s Bench of NB, Trial Division, December 30, 2015. We are very pleased with this outcome and will advise of any new developments.
Festive Season's Greetings - Souhaits pour la Saison Estivale
Dear Pensioners and Friends of the Coalition,
Our legal case has been assigned to Justice Judy Clendenning for Case Management. Our lawyer, Ari Kaplan, and the lawyer representing the Province, Stephen Hutchison, will be meeting with Justice Glendenning in mid-February to finalize the schedule of the various stages of the case.
May we take this opportunity to thank you again for your ongoing support. We wish you, your family and friends a Joyous festive season and our wish to you is that 2016 be filled with good health and a successful resolution to our legal challenge.
Pension Coalition NB
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Chers retraités et amis de la Coalition,
Notre dossier légal a été assigné au Juge Judy Clendenning pour une meilleure gestion de cas. Notre avocat Ari Kaplan ainsi que l' Avocat représentant la Province, Stephen Hutchison , ont une rencontre prévue avec Juge Glendenning a la mi- février afin de planifier les divers étapes de notre cas.
Permettez - nous de vous remercier encore pour votre appui continu. Nous aimerions vous souhaiter à vous, votre famille et vos amis, une très belle saison estivale. Notre souhait pour tous en 2016 est de la santé et nous espérons une resolution positive a notre dossier légal.
Pension Coalition NB