Finance Minister Blaine Higgs says the government is working with retirees to hear their concerns and answer questions. A presentation will outline the current PSSA's challenges and show how the shared-risk model would impact retirees. Representatives from the provincial government will be available.
“It would be wrong to ignore the challenges facing the PSSA,” said Higgs. “The province has an obligation to consider the long-term sustainability of the pension plan both for current and future retirees. Currently the PSSA has a $1 billion shortfall that is expected to get worse. With people living longer after retirement and interest rates at historically low levels, action needs to be taken today.”
Dates and locations of the sessions:
Wednesday, April 17:
● Saint John: 1 p.m.-3 p.m.: New Brunswick Community College gymnasium, 950 Grandview Ave.
● Fredericton: 6 p.m.-8 p.m.: Fredericton Convention Centre, Pointe-Sainte Anne rooms A and B, 670 Queen St..
Thursday, April 18
● Moncton: 1 p.m.-3 p.m.: Moncton Lions Club, 55 Mark Ave.
● Miramichi: 6 p.m.-8 p.m.; New Brunswick Community College gymnasium, 80 University Ave.
Friday, April 19:
● Bathurst: 1 p.m.-3 p.m.: Collège communautaire du Nouveau-Brunswick amphitheatre, Room 286C, 75 Youghall Dr.
● Campbellton: 6 p.m.-8 p.m.: Collège communautaire du Nouveau-Brunswick gymnasium, 47 du Village Ave.
Saturday, April 20:
● Edmundston: 1 p.m.-3 p.m.: Clarion Hotel, Banquet Room, 100 Rice St.
