Sweeping pension reform heads to Western Canada

Public sector unions slam new legislation as severe, unnecessary
By Sabrina Nanji
|Canadian Labour Reporter|Last Updated: 09/30/2013

Pension reform has spread like wildfire across the nation — and Alberta is up next.

In September, the provincial government revealed its plan to overhaul four of its public pension plans to meet soaring costs and to create a financially sustainable and secure model.

As it currently stands, those four separate public pension plans will set the government back more than $7 billion.