Plan Sustainability Update: Government Cancels Pension Reform Bill
September 24, 2014
The Government of Alberta announced that the Public Sector Pension Plans Amendment Act, Bill 9, will not be reintroduced under the Prentice government.
Public Sector Pension Plan Sustainability Update
May 7, 2014
On May 5, 2014, the Government of Alberta announced that the proposed changes to public sector pension plans will be sent to a standing committee for further review and discussion.
The Government issued a statement to refer Bill 9 and Bill 10 to an all-party committee. The committee has been asked to further examine the long-term sustainability and management of the pension plans.
Detailed information can be found on the government’s pension sustainability website at www.pensionsustainability.alberta.ca.
Public Sector Pension Plans are Changing for the Future
February 24, 2014
On February 24, 2014, the Government of Alberta announced pension plan changes for members of the following public sector pension plans:
The Honourable Doug Horner, President of Treasury Board and Minister of Finance, explains the plan changes in his letter to plan members.
The changes affect benefits earned from January 1, 2016 onward.
Detailed information on the changes is available on each of the plan websites.