Senators renew push to see their pensions become funded
In a recent letter, the Senate Internal Economy Committee asked the Treasury Board president to revisit the idea of switching the pension plan so that it's funded by both employee and employer contributions, as well as investment earnings.
Senators are once again asking the Treasury Board Secretariat to consider restructuring their pensions to make it a funded plan, which would see its assets invested rather than left sitting in government coffers—a change Senators argue would be to the benefit of taxpayers....
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