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Monday, November 5, 2012

Common Councillor Wants Action On City Pension Plan

As Common Council gets ready for budget deliberations, Common Councillor Susan Fullerton is worried the Provincial Task force on reforming the city's pension plan will not be reporting back to Council before the end of the year.

In a letter to Council, Fullerton is calling for a committee to be formed with her serving as chair to come up with a Made in Saint John solution that could be compared to the Dutch model from the Provincial Pension Task Force.

Fullerton is also a member of the Pension Board but makes the admission she's completely in the dark as to what the status is and what, if any, progress has been made on changing the pension plan.