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Tuesday, December 3, 2013

Higgs & Melanson Duke It Out Over Shared Risk Plan

Pension reform talks got heated in the legislature today, with Liberal Dieppe Centre-Lewisville MLA Roger Melanson accusing Finance Minister Blaine Higgs of evading questions on the actuarial model the government used to back up its statements on the Shared Risk Model.

Meanwhile Higgs says the research is well-documented and his job is to search for solutions to a problem pension plans across Canada are currently facing.

CUPE has written an open letter expressing concern the SRP actually transfers all the risk to the members.