An Opposition MLA is attempting to reverse changes the Alberta government made last year to the control of several public sector pension plans. It's also requiring the Alberta Teachers' Retirement Fund to start using AIMCo as investment manager by the end of 2021. The legislation also gave the government the right to reject pension board appointees and changed the balance of power on the Local Authorities Pension Plan board. Three retired teachers opposed to changes to their pension plan also spoke at the NDP's Monday press conference. The NDP has launched a website to collect stories from Albertans concerned about pension changes.

Source: CBC News June 08, 2020 22:15 UTC