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Tuesday, May 6, 2014

Court Say Pensions Should Be Protected

Imagine starting a job you love in your 20's and working for 50 years? 

That is possible under changes to the Teacher's pension plan that could see them teaching to age 71.

Retired teacher Ivan Court tells CHSJ News its becoming a national issue because the Harper government is looking at shared risk and using our province as an example.

He says Saint John had a pension problem and then the province and now the Feds are supporting the shared risk model and considering it for the country.

Court is not happy about it saying shared risk takes the risk away from the province who sign contracts with unions and then don't want to honour them.