Southern Alberta Council on Public Affairs (SACPA)
Workplace pensions a thing of the past: Will the first generation to enjoy retirement security also be the last? (Part 1)
- Autor: Podcast
- Narrador: Podcast
- Editor: Podcast
- Duración: 0:26:45
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Sinopsis
In the fall of 2013, Alberta’s Finance Minister Doug Horner announced major changes to the pension plans Alberta's frontline workers in health care, education, emergency services, cities, towns, colleges, and universities pay into. The Labour Coalition on Pensions represents 200,000 frontline workers who pay into Alberta’s public sector pension plans and approximately 90,000 retirees. The Coalition argues that Horner’s proposed changes will slash pension values by more than 25% after 2016 and front-line workers in physically demanding jobs can no longer retire at 60. Are the workplace pensions of the 70s, 80s, and 90s a thing of the past? Will future retirees have any chance at the income security today’s retired people currently enjoy? Are public sector pension plans actually unsustainable, as the Alberta government says they are? The speaker will argue that the battle over pensions chips away at income security for Alberta’s middle class and presents the possibility of significant inter-generational s