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Legal Update/Mise-a-Jour du Processus Légal
Members,
We are progressing with your legal case and have concluded the first of the three stages:
- Pleadings
- Our Statement Claim – Aug 14, 2015
- Their Statement of Defense – Sept 14, 2015, and
- Our Reply – Sept 24, 2015
- Discovery Stage – which may begin before Christmas
- Trial Preparation
Unbelievably, as part of the government’s defense, they are seeking to recover their legal costs and disbursements from the four individual plaintiffs personally. The plaintiffs have allowed the action to be pursued in their individual names on their respective behalves, so that the case can move forward more quickly. Your Pension Coalition Steering Committee maintains that given the précédent nature setting case we have and future impacts on our pensions, we must continue with this case and find the means to indemnify our plaintiffs, if any adverse costs awards are granted by the court.
Qualified Auditor General Report - October 1, 2015- Shared Risk Pension plan/ La Verificatrice General emet un Rapport qualifiee.- Régimes de Pensions
The Auditor General yesterday released a qualified audit on the state of the public finances of the Province - the first in 17 years. The issue is the accounting irregularities of the Shared Risk Pension Plans. This is a very serious issue and further undermines any trust that might be left by pensioners, civil servants and taxpayers of the integrity of the Gallant Government and former government as well. You will find below a concise fact sheet released by the Auditor general on the matter at hand.
http://www.agnb-vgnb.ca/content/agnb-vgnb/en/media/releases/renderer.2015.10.0936.html
Pension Coalition NB
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La Vérificatrice Général a émis hier un rapport de vérification qualifié sur l'etat des finances public de la Province - le premier depuis 17 ans. Le traitement comptable des Régimes de Risque à Frais Partagé est en litige. Cette situation est très serieuse et remets en question le peu de confiance qu' il reste aux retraités et fonctionnaires toujours actifs face au Gouvernement Gallant ainsi que le gouvernement antérieur. Vous trouverez ci- bas une note d' information très concise qui a été emis hier par le bureau de la Vérificatrice general.
http://www.agnb-vgnb.ca/content/agnb-vgnb/fr/media/communiques/communique.2015.10.0936.html
Pension Coalition NB
Latest News-Nouvelles Derniere Heure
Dear Members,
The Coalition, through our lawyer, received the Statement of Defense from the Crown -" the Province" last week. As soon as we have more information from our lawyer regarding next steps, we will forward you the Statements of Claim and Defense and any other key information. In the meantime, please find attached a press release from Pipsc and an article in Pension and Benefit Monitor - a national publication that we think would be of interest to you.
In closing, just a reminder that September 23 is the first open meeting by registration of Board of Trustees of the Shared Risk Pension Plan. You must register in advance at www.gnb.ca/pssrp
Pension Coalition NB
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Chers Membres,
La Coalition a reçu la semaine derniere par l' entremise de notre Avocat, la déclaration de la Province contre notre cas de poursuite judiciaire. Dès que nous aurons de l' information supplémentaire sur les prochaines étapes, nous ferons parvenir les declarations des deux partis en litige, ainsi que tout autre information pertinente. Nous vous faisons parvenir entre temps un communiqué de presse de Pipsc, ainsi qu' un article qui a paru recémment dans le Pension and Benefits Monitor - une publication nationale que nous croyons serait d' intéret.
En terminant, juste un rappel de la première réunion publique du CA du Régime de Pension à Risque Partagé-ce 23 Septembre, 2015.
Pension Coalition NB
Public Service Shared Risk Plan Annual General Meeting / Assemblée générale annuelle du Régime à risques partagés dans les services publics
Please be advised of the first public meeting of the PSSRP on September 23rd. See details for registration HERE. Attendance is limited, so register now.
Pension Coalition NB
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Prière de noter qu' il y aura une réunion publique le 23 Septembre prochain, du Régime a Risques Partagés. Les details sont ICI. Inscrivez-vous des maintenant.
Pension Coalition NB
Seeking full disclosure on New Brunswick's shared risk pension model- Financial Post
Dear Members,
Please find attached an interesting article that appeared in the Financial Post on September 3, 2015 that we would like to draw your attention to, as our case seeks to move through the Court system. "The full story is one of broken promises, a flawed model and misleading communication - a recipe for disaster." http://business.financialpost.com/news/fp-street/seeking-full-disclosure-on-new-brunswicks-shared-risk-pension-model