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Teachers want UCP decision on pension reversed

Jan 14, 2021 | 10:13 AM

Alberta teachers are calling on the United Conservative government to reverse a decision about how their pensions are managed.

Just before Christmas the government quietly signed an order giving the Alberta Investment Management Corporation the power to effectively veto decisions made by the Alberta Teachers’ Retirement Fund, which is a private corporation.

Jason Schilling, president of the Alberta Teachers’ Association, says there is no reason for the change and there was no consultation.

Schilling is calling on teachers and retirees to contact their members of the legislature to press for a stop to the order.