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Independent panel to examine pension plan for Nova Scotia teachers

HALIFAX
An independent three-person panel has been appointed to examine ways of strengthening the pension plan for Nova Scotia s teachers, which had a massive unfunded liability of $1.5 billion as of 2019.
The province says while there is no immediate risk the plan will be unable to meet its pension obligations, it has a shared obligation with the Nova Scotia Teachers Union to address the liability issue.
The teachers pension plan is one of the largest public sector plans in the province, with 32,647 members, including 13,705 retirees and survivors, 12,979 active members and 5,963 inactive members as of 2019.
Agreed to in October, the panel is to consult with teachers and other plan members before submitting recommendations to make the plan fully funded by Dec. 31. ....

Mark Furey , Paul Wozney , Elizabeth Brown , Conrad Ferguson , Nova Scotia Teachers Union , Brown Mills Klinck Prezioso , Nova Scotia Community College Academic Union , Public School Administrators Association Of Nova Scotia , Nova Scotia , Gale Rubenstein , Labour Relations Minister Mark Furey , Public School Administrators Association , Nova Scotia Community College Academic , Halifax News , Maritime News , Prince Edward Island , New Brunswick , Halifax Regional Municipality , Cape Breton , Saint John , Covid 19 Canada , Covid 19 , Coronavirus Canada , Covid 19 Nova Scotia , Nova Scotia Covid 19 , Covid Nova Scotia ,

Independent panel appointed to examine pension plan for Nova Scotia teachers

Independent panel appointed to examine pension plan for Nova Scotia teachers
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Andrew Vaughan , Mark Furey , Paul Wozney , Elizabeth Brown , Conrad Ferguson , Nova Scotia Teachers Union , Brown Mills Klinck Prezioso , Nova Scotia Community College Academic Union , Public School Administrators Association Of Nova Scotia , Nova Scotia , Gale Rubenstein , Labour Relations Minister Mark Furey , Public School Administrators Association , Nova Scotia Community College Academic , Nova Scotia Teachers , Nova Scotia Teachers Pension , Teachers Pension , ஆண்ட்ரூ வாகன் , குறி பூரேய் , எலிசபெத் பழுப்பு , கான்ராட் ஃபெர்குசன் , நோவா ஸ்கோடியா ஆசிரியர்கள் தொழிற்சங்கம் , நோவா ஸ்கோடியா சமூக கல்லூரி தொழிற்சங்கம் , நோவா ஸ்கோடியா , கேல் ரூபன்ஸ்டீன் , தொழிலாளர் உறவுகள் அமைச்சர் குறி பூரேய் ,