Watch: Province proposes new pension plan governance
New legislation announced Tuesday aims to move control of provincial pensions to employees and employers.
The legislation tabled by Finance Minister Joe Ceci gives employers and employees ultimate control over the benefits, design and financial health of their pensions through new “sponsor boards.”
“The legislation we introduced today takes the politics out of pensions,” Ceci said at a Tuesday afternoon news conference.
“By making this change, pension decisions aren
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