EN FR

City of Regina's massive pension shortfall

Author: 2012/02/09

The City of Regina has a massive $246 million shortfall in its employees pension plan. A recent valuation of the plan has suggested increasing the current contribution rate of 21% (equally shared by the city and and employee) to an incredible 45.5%. Prairie Director Colin Craig says taxpayers should not be forced to kick in money for the shortfall and says there needs to be significant cuts in the pension benefits received by city employees.


A Note for our Readers:

Is Canada Off Track?

Canada has problems. You see them at gas station. You see them at the grocery store. You see them on your taxes.

Is anyone listening to you to find out where you think Canada’s off track and what you think we could do to make things better?

You can tell us what you think by filling out the survey

Franco Terrazzano
Federal Director

Hey, it’s Franco.

Did you know that you can get the inside scoop right from my notebook each week? I’ll share hilarious and infuriating stories the media usually misses with you every week so you can hold politicians accountable.

You can sign up for our Action Update emails

Looks good!
Please enter your first name
Looks good!
Please enter your last name
Looks good!
Please enter a valid email address
Looks good!
Please enter a valid postal code. Ex. K1K1K1

We take data security and privacy seriously. Your information will be kept safe.