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Thursday, November 21, 2013

Boudreau: Pensioners Being "Forced" To Accept Shared Risk

A heated exchange in Question Period today between Shediac—Cap-Pelé MLA Victor Boudreau and Finance Minister Blaine Higgs over whether the Shared Risk model is the only option for the public service pension plan.

Higgs responded that there have been actuarial reports done from the get-go and they've done their due diligence--but Boudreau argues there's been a lack of transparency and the model has been "forced" on the retirees and current pensioners.

Boudreau says if there is an actuarial plan on the Shared Risk model, the finance minister should table it in the legislature.