St. John’s – With 20,000 health care workers in Nova Scotia now celebrating a huge pension victory that corrects a decade-old injustice, it’s time for Danny Williams to fix the Public Service Pension Plan here in our province.
That today from CUPE President Wayne Lucas who says, “The Nova Scotia government has seen fit to spend over $70 million to fix some longstanding problems with one of its largest pension plans because it was the right thing to do.
“In March of 2006, the Williams government injected almost $2 billion dollars into the teachers’ pension plan because it was the right thing to do. CUPE is now inviting the provincial government to sit down with us and the other unions whose members are in the Public Service Pension Plan to work out a solution to the unfunded liability in that plan,” says Lucas.
“In fact,” says Lucas, “the provincial auditor general in this year’s audit came out and agreed with what CUPE had been saying for several years that gaping holes in the financing of both of these pension plans was an albatross around the neck of government and had to be addressed.”
Says Lucas, “There are 26,500 hard-working Newfoundlanders and Labradorians in the Public Service Pension Plan – in health care organizations, school boards and Crown Corporations. They are no less deserving than the teachers of our province, and need to know that their pension will have stable funding, now and into the future.”
President, CUPE NL
(709) 727-2509 (Cell)
CUPE Communications Rep.
(902) 455-4180 (0)