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Thursday, August 23, 2012

Alward Gives Update On Public Pensions

The Premier coming to the Port City to give an update on reforming provincial pensions.
 
So far the provincial government has been able to sell several unions including CUPE, the Nurses union and Hospital workers union on the new reforms that follow a European model.
 
David Alward says he met with members of the non-bargaining unit to give them a level of understanding.

He says the work that is currently going on is the technical phase where numbers are run and scenarios are given so workers can know their status today.

Alward says the initial phase took about a year but it hopes the second phase won't take as long.
The province will be hosting a national symposium in Fredericton in February to provide further details on the pension model. 

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