Alberta Public Service Pension Plan Petition
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As members of the Alberta Public Service Pension Plan we petition the Government of Alberta on the following issues:
1) Plan Governance : We, the members contribute 50% of the pension plan and the GOA contributes 50%. But through the Min of Finance and the Crown Corp, AIMCo , the GOA has total control over our pension.We demand a fair and equitable JOINT governance arrangement with our employer. That includes the ability to choose and change the plan's investment management from AIMCo, a Crown Corporation owned by the GOA.
2) Separation of the Management Employee Pension Plan ("MEPP") from the PSPP: The MEPP is a richly funded pension, at 36% employee contribution and 64% from the employer. The MEPP drains the PSPP because its the management salaries that are used to determine benefits received from the PSPP.
3) All Changes to the PSPP and its governing legislation must have a transparent process that must include full consultation with and approval by the membership.
This petition was created by the PSPP Action Group, please join us on Facebook.
See link below.
PSPP Action Group: We are employees of the Government of Alberta and members of the Public Service Pension Plan. We have grave concerns with the governance of the Plan being controlled solely by the GOA and its Crown Corporations. Please fan out / share : We want to lobby the GOA to make fair and equitable changes to the PSPP. Please sign our petition at ipetition.com and help make the GOA aware that we members want a full voice in the governance and management of our pensions. We believe in a retirement in dignity, not a retirement in poverty.