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Thursday, October 6, 2011

Premier Says Its Up To The City And Its Unions To Solve Pension Deficit

Premier David Alward in town amid what many see as a crisis with the city's pension plan and its burgeoning deficit.

Mayor Ivan Court has called on the province to step up to the plate but the Premier doesn't seem to be in any hurry saying the city and its employee groups have to get together and work out a solution.

City Manager Pat Woods is hoping to come up with a recommendation on what to propose to the province for approval this month.

Alward says he's not aware of the charge made by the Police Association that the province's actuary, who rejected the city's proposed changes to the pension plan, might be in a conflict of interest after earlier being given the heave ho by the city and its pension board.