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CTF calls for changes to Calgary council pension plan

October 05, 2017
 CTF calls for changes to Calgary council pension plan

A report released by Interim Alberta Director Colin Craig showed over the last decade taxpayers have contributed $5.8 million Calgary council pension fund, with councilors only contributing $1.2 million. This does not include any payment taxpayers made to a secretive second pension top up that councilors also receive. The CTF called for the plan to be transformed to a defined contribution plan where taxpayers match city councilor contributions equally.

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