The Canadian Taxpayers Federation is calling this Unfair Labour Day because of what it sees as the growing pension gap in the province between what those who work in government will receive in retirement compared to the rest of us.
The Federation’s Atlantic Director Kevin Lacey tells CHSJ News at the very minimum new government employees, whether they be with the city or province, should be on defined contribution pension plans rather than defined benefits.
Lacey says there was a time years ago that government workers received generous pension plans to make up for earning less than workers in the private sector but that wage gap disappeared a long time ago.
