Pension Coalition NB

New Brunswick’s proposed public-service pension reform strategy has been given the name “Shared Risk.” This is an absolute misnomer; “Increased Risk” is the true description of the Alward government’s proposal.

There is as much security in playing catch-up with their proposed increased annual returns as there is in my investing in a lottery ticket.

By Richard Blaquiere, Through These Eyes 15 Apr 2013 01:40PM

(Note: This piece appeared in the Woodstock Bugle newspaper)

I’m no good with numbers and graphs and the like. If there is such a thing as numerophobia (and apparently there is), I’d be the poster boy for awareness campaigns.

Lately, however, I have been receiving emails about plans by the Alward government to tamper with my pension benefits and there is nothing better for easing the discomfort of our phobias than to confront them head-on; thus began my self-directed pension plan tutorial and, frankly, I am concerned.  (Click Here for full Commentary)

LETTERS TO THE EDITOR

Telegraph and Journal 04/01/2013, Page A06

How very strange that, according to Susan Rowland, "The vast majority of pensioners are just fine with the changes we are proposing."Really? And, "When I address groups of retirees, they come up after and thank me."(Retired pensioners fight reform,"March 23.) Really?

Do they say,"Thanks for cutting my pension. I just love that!"?

These two Trust Funds contained in the Public Accounts of the Province are actually Pension Trust Funds.  They are the Funds where both employee and employer pension contributions are made too where they are invested by the NBIMC.