What will it be - a well balanced program of services that taxpayers expect for their hard earned money or gold-plated pensions for a few well protected public sector employees?
Nova Scotia teachers Pension Ponzi melts down in 2011
It’s been a disastrous year so far for pensions across the country as plans release their annual reports. These reports based on 2011 data don’t take into account the reality that equity markets have not risen dramatically since the beginning of the year, but rather have continued to lose value.