Politicians hitting the road - ask them why?/Politiciens dans vos communautés - n' hesitez pas de les questionner?
Summer is here and we would like to wish everyone a wonderful time with family and friends. Your Coalition continues its work throughout the summer. As you may recall, the Coalition lawyer, Ari Kaplan is scheduled to argue a motion on July 12th, before Justice Judy Clendening seeking recognition from the Court that Pension Coalition NB and its four "retiree appellants" are representative of 13,000 plus retirees affected by the conversion of our former pension plan to the Shared Risk Pension plan. The Coalition is continuing its lawsuit against the Government and this is an important step in our collective lawsuit. The Province, as represented by the Gallant Government is however objecting to our "representation motion" and this will be argued on July 12th and possibly July 13th as well. Needless to say, we are quite disappointed with the Gallant Government but probably not surprised by their action.
Attention: Pensionnés: L'avis légal
Attention: Pensionnés, familles et amis des Pensionnés
L'avis légal ci- joint a paru dans L'Acadie Nouvelle et Le Telegraph Journal cette fin de semaine et nous aimerions attirer votre attention a l'importance de cet avis.
COUR DU BANC DE LA REINE DU NOUVEAU-BRUNSWICK
DIVISION DE PREMIÈRE INSTANCE
CIRCONSCRIPTION JUDICIAIRE DE FREDERICTON
CLIFFORD KENNEDY JR, VIOLA SAVAGE, DEBORAH MCCORMACK et RITA DUNNETT
SA MAJESTÉ LA REINE DU CHEF DE LA PROVINCE DU NOUVEAU-BRUNSWICK représentée par
LE PROCUREUR GÉNÉRAL DU NOUVEAU-BRUNSWICK et LE MINISTRE DES FINANCES et LE
CONSEIL DE GESTION
Attention Retirees: Important Legal Notices
Attention: Retirees, family and friends of retirees
The below legal notices appeared in the Telegraph Journal and L’Acadie Nouvelle this past weekend and we would like to draw your attention to it, as we proceed with our legal challenge for retirees.
COURT FILE NO. FC-212-15
IN THE COURT OF QUEEN’S BENCH OF NEW BRUNSWICK TRIAL DIVISION
JUDICIAL DISTRICT OF FREDERICTON
CLIFFORD KENNEDY JR, VIOLA SAVAGE, DEBORAH MCCORMACK, and RITA DUNNETT
- and -
HER MAJESTY THE QUEEN IN RIGHT OF NEW BRUNSWICK as represented by the ATTORNEY GENERALOF NEW BRUNSWICK and THE MINISTEROF FINANCE and the BOARD OF MANAGEMENT
A CALL FOR COMPROMISE
Ari Kaplan May 2016 | Benefits Canada
Employers urged to embrace dialogue as a way to avoid legal pitfalls of pension innovation
Canada’s workplace pension system is going through a recalibration due in part to an aging population and demographic shifts, declining coverage and unpredictable financial markets.
None of these is the fault of employers, unions or pensioners.
BEWARE THE LITIGATION RISK IN CONVERTING PENSION PLANS
Julius Melnitzer May 2016 | BenefitsCanada
As the drive towards target-benefit pension plans continues to make headway in Canada, litigation risk for their sponsors is on the rise. The jurisprudence is still embryonic in Canada but it’s instructive. “Canadian stakeholders need to examine the jurisprudence to get an indication of the trends and concerns that may affect them,” says Kathryn Bush, a pension lawyer and partner at Blake Cassels & Graydon LLP in Toronto. “It’s important to remember there are not many people who actually convert voluntarily.”