Wednesday, March 27, 2013
Coalition Urges Retirees To Voice Their Opposition
Hundred of retired provincial workers gathering in Quispamsis to voice their opposition about the government's plan to switch from defined benefits to a shared risk model.
The Provincial Pension Coalition began a month ago and is growing in numbers with 300 people coming out to an information session.
The Coalition's Clifford Kennedy tells CHSJ News it all started at a meeting in a Fredericton. Kennedy says the coalition went from nothing to a great turnout in Fredericton and they want to keep going and hit locations all over the province.
He says under this proposed model a retiree that makes $21,000 a year would lose more than $40,000 over a 25 year period.
The group is encouraging all retirees to write their MLA's to express their opposition and to register on the website.
To find the website, click here