MEDIA ADVISORY: Government fudging numbers on pension liability

Analysis shows unfunded liability getting smaller by about $1 billion

EDMONTON – Alberta’s public-sector pension plans are getting healthier, despite what Finance Minister Doug Horner claims.

Analysis by independent actuarial firm George & Bell shows the unfunded liability of Alberta’s two main public-sector pension plans has shrunk, meaning the plans are growing stronger without government meddling.

Leaders of Alberta's Public-Sector Unions will be available for comment today at 1:15 p.m. at the United Nurses of Alberta (UNA) offices (#700-11150 Jasper Avenue, Edmonton).

What:

Leaders of Alberta’s Public-Sector Unions will be available for comment today at 1:15 p.m. at the United Nurses of Alberta offices (700-11150 Jasper Avenue. Edmonton).

When:

1:15 p.m., Friday, March 7, 2014

Where:

UNA Offices (#700 – 11150 Jasper Avenue, Edmonton)

Who:

Alberta Federation of Labour (AFL) President Gil McGowan
Alberta Union of Provincial Employees (AUPE) President Guy Smith
United Nurses of Alberta (UNA) President Heather Smith
Health Sciences Association of Alberta (HSAA) President Elisabeth Ballermann

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MEDIA CONTACT:

Olav Rokne, Communications Director, Alberta Federation of Labour at 780.289.6528 (cell) or via e-mail orokne@afl.org


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