That warning from Sandy Robertson, a Saint John businessman who worked on the Mayoralty campaign of John Ferguson.
Robertson tells CHSJ News the deficit will likely go up because the Superintendent of Pensions has told the Pension Board it will have to lower the estimated rate of return on its investments and that could add 80 million dollars to the deficit.
Robertson says each candidate for Common Council should be asked directly what are you going to do to fix the pension plan.
