Pension reform is a hot topic these days in the Port City and beyond–and the provincial government will host a pan-Canadian summit in 2013 to look at how governments can address pension issues.
The two-day summit will tackle challenging questions related to the future of public and private sector pensions. Human Resources Minister Troy Lifford says NB’s Shared Risk Model has become of great interest to other municipalities because it offers employees better protection and reduces liabilities for taxpayers.