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Retirees and the proposed changes to the PSSA Plan
(note: translations will be posted as they become available)
To be accurate, what will be taking place is a repeal of the PSSA and the introduction of a Shared Risk Pension Plan (SRPP) covering employees and pensioners outside of New Brunswick Legislation.
Our ad hoc committee has worked to understand this (possible) transition, and have determined:
- This will, in effect, remove the Province as the guarantor and as the Governor.
- The new governor will be an arm’s length Board of Governors, a sole Governor or a non-profit corporation.
- The promised benefits will no longer have a “guarantee.”
Retiree Pensions - John McCabe
Hi again Phyllis,
I was reading an article recently in the magazine "Good Times" - "Canada's Magazine For Successful Retirement", titled "Your Rights", July/August 2012. It is written by a contributor Olev Edur. I don't know his background or qualifications, but he writes with conviction and seeming knowledge of the subject.
Blessings – Judy Ross
(Testimonial)
I thank those who have worked/continue to work diligently for the cause of retired teachers and other retirees who have upheld their obligations while working for 35+ years. Thank you. Much appreciated…..Blessings – Judy Ross
Participer à notre Séance d’information - Edmundston
Si vous êtes une personne retraitée du Régime de Pension du Secteur Publique – soit ex government, energie nb, enseignant, unb, veufs-veuves
Des changements importants sont prévus à votre Pension par le Gouvernement Alward.
Participer à notre Séance d’information
Ou: École Polyvalente A.M. Sormany
Cité des Jeunes
Edmundston
Date: Jeudi - le 4 Avril 2013
Heure: 14h00 à 16h00
Votre future est dans VOS mains
Contacter votre depute
Inscrivez-vous avec: Coalition Pension NB – www.pensioncoalitionnb.ca ou 1-855-455-7892
Government urged to drop pension reform plans - T. Easterbrook
Unilateral action
Former employees say they were not consulted about changes to their pensions
By TONY EASTERBROOK Commentary
I'm retired and in receipt of a Public Service Superannuation Plan (PSSA) pension, towards which I had made regular and mandatory contributions throughout my working years.
The New Brunswick government is resolved to break that pension contract, despite its legislated mandate as trustee and guarantor to administer it in the best interests of its beneficiaries, as opposed to superseding that obligation with, in my opinion a short-sighted, and poorly-planned agenda.