The pension plans of Saint John, Moncton and Fredericton is on the mind of the Canadian Federation of Independent Business in an open letter.
It is in regards to the growing cost of public sector pensions and what they say is the courage required to reform them.
The group also points out that asking taxpayers to close the shortfall in public sector plans at any level of government is not the way to do this but de-indexing is a start.
City Manager Pat Woods says short-falls left un-resolved in the City pension plan could result in a nine to ten million dollar additional yearly payment which translates to a tax hike that could reach as a high as 17 cents.
