What it would mean for pensioners if Kenney creates an Alberta pension plan
What it would mean for pensioners if Kenney creates an Alberta pension plan
Pension funds would likely be transferred to government-owned AIMCo
Joel Dryden · CBC News
https://www.cbc.ca/news/canada/calgary/pension-plan-aimco-kenney-alberta-calgary-canada-1.5353186
"SNIP....
Naturally, some questions arise whenever anyone floats the possibility of transferring billions of public dollars from one fund manager to another.
Speaking Saturday during a keynote address to close the Manning Conference in Red Deer, Alberta, Premier Jason Kenney laid out measures that will be explored as part of what's being called the Fair Deal Panel.
He announced initiatives that include creating a provincial police force, establishing a formal provincial constitution and opting out of federal cost-sharing programs.
Alberta addresses separatist sentiment by studying measures that would give province more autonomy
The panel will also study the possibility of withdrawing from the Canada Pension Plan (CPP) in favour of an Alberta-based alternative.
....SNIP"
So what would it mean for all those canadians who move to Alberta during boom times but return back to Newfoundland or Ontario as soon as the oil industry crashes? Where would they get their pensions from? Would they get two pensions? Would they have to be residents of Alberta?
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