The average Alberta bureaucrat costs taxpayers $102,000 a year, and 10.3% more than the equivalent private sector worker. Bringing these salaries and benefits in line with the private sector would save taxpayers $1.4 billion a year.
97% of Alberta’s government employees have a risky “defined-benefit” pension plan that requires generous funding and leaves taxpayers exposed to multi-billion dollar bailouts. This makes is harder for Albertans without a government pension plan to save for their own retirements.
It’s time to bring government salaries and pensions in line with norms in the private sector.