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Political Announcement/Annonce Politique
Pension Coalition NB has intentionally not promoted one party or another leading up to the provincial election on Sept 22nd as we feel our members need to make up their own mind. However, the topic of Mr. Cardy’s announcement is his plan of rescinding shared risk for existing retirees.
Pension Coalition NB a refusé de prendre position vis-a-vis aucun Parti politique face a l' élection du 22 Septembre, car nous sommes de l'avis, qu'il en revient à nos membres de faire cette décision. Etant donné le sujet de cette annonce - conferénce de presse de Dominic Cardy chef du NPD, nous avons cru vous en faire part. Voir information ci- bas, tel que soumis par le Parti NPD.
All concerned New Brunswick pensioners are invited to attend an announcement by NDP Leader Dominic Cardy on the front lawn of NB Legislature at Saturday August 23, 2014 at 10:00am. Cardy will give further details on the party’s plans to rescind the shared risk for existing retirees. Cardy has already stated that the party believes a contract is a contract is a contract and therefore should be respected. The announcement on Saturday will clarify how this change will be implemented.
Excerpt from an article in Law Times - August 18, 2014
(Note: Link to story at end of post)
Even in New Brunswick, however, it’s not clear where the tale will end. Some 13,000 pensioners are challenging the constitutionality of the New Brunswick pension legislation, particularly the provisions that retroactively eliminate cost-of-living adjustments.
“Pensioners require as much financial certainty as possible as they budget for the end of their lives,” says Koskie Minsky LLP’s Ari Kaplan, lead lawyer for the applicants, in a press release.
Court Date/Date d Audience de la Cour
The Coalition is advised that the hearing of the parties' motions in our application will begin at the JusticeBuilding in Fredericton on September 29, 2014 at 9:30 a.m. The Province's motion will be heard first. Copies of legal documents filed on behalf of the Province:
La Coalition a été avisé que l'audience des parties sur les motions de notre dossier judiciaire, débutera le 29 Septembre 2014, à 9:30 am a L Edifice de la Justice a Fredericton. La Motion de la Province sera entendu en premier. Les copies des documents deposes:
http://www.pensioncoalitionnb.ca/images/aug2014/Affidavit.pdf
http://www.pensioncoalitionnb.ca/images/aug2014/AffidavitofLLW-Glossary_of_Defined_Terms.pdf
http://www.pensioncoalitionnb.ca/images/aug2014/AffidavitofLLW-List_of_Exhibits.pdf
http://www.pensioncoalitionnb.ca/images/aug2014/Notice_of_Motion.pdf
http://www.pensioncoalitionnb.ca/images/aug2014/PNB-Pension-Correspondence_to_Clerk.pdf
Open Letter to Ken Sorenson, Minister of State (Finance) - Ottawa
July 25, 2014 The Honourable Kevin Sorenson,
P.C., M.P. Minister of State (Finance)
House of Commons Ottawa ON K1A 0A6
Dear Minister:
The collected retiree groups that have endorsed this letter represent hundreds of thousands of retired pension plan members in Canada. We are writing you to express our serious concerns regarding the government’s recent ‘consultation’ on a potential framework for target-benefit pension plans in the federal private-sector and for Crown corporations.
Public pensioners unfairly portrayed - M. Irvine
Times & Transcript 23 Jul 2014, To The Editor:
It doesn’t matter how many times some people hear this; they choose to believe something other than the truth. I am responding to Bud Garner’s Forum letter, Heat’s on for gold plated pension club (July 12). It’s amazing how some people will hear and say something long enough that they actually begin to believe it.