Alberta teachers deem province’s pension swap ‘disrespectful’

Alberta teachers are slamming the province once again over a controversial move to transfer the responsibility of their pensions. Bill 22 gave Alberta's UCP government power to transfer pension investment responsibility for many in the public sector. For teachers, that means asset control no longer sits with the Alberta Teachers’ Retirement Fund (ATRF). Instead, the Alberta Investment Management Company (AimCo) has taken over, which means AimCo is now the main manager of their savings. The