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Wednesday, August 29, 2012

Pension Gap In Province Widens

The Canadian Taxpayers Federation taking dead aim at what it sees as the pension gap in New Brunswick, calling it "astounding".

The Taxpayers Federation releasing numbers that show last year the average government worker saw more than 87 hundred dollars go into his or her pension plan. That compares to just over 4 thousand dollars for everyone else.

The Federation's Atlantic Director Kevin Lacey says government workers in the province not only have more money going into their pension plans, more of them actually have workplace pension plans to draw upon with almost three-quarters of workers in New Brunswick outside of government with no pension at all.  

He says the Premier will make the situation better but is just tinkering around the edges with his shared risk model for change that's also being looked at by the city.