Alberta schools and teachers' unions have come to collective agreements to address a $2.1bn pensions shortfall built up prior to 1992.
The five-year agreements between all 62 school boards and local teachers’ bargaining units in Alberta came just hours before a deadline to resolve the issue. The deal will see a 3.1pc contributi...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here