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Pension Grab: Another Government Plunder

January 29, 2008

Pension Surplus Update

Following the January 23 meeting of the 18 bargaining agents, employees' and retirees' associations with legal counsel, a unanimous decision was taken to pursue this case all the way to the Supreme Court, if necessary. »

December 20 , 2007

Pension surplus litigation: PSAC to appeal Court’s decision

On Wednesday, December 19, 2007, the PSAC served Notice to the Attorney General of Canada that it intended to appeal the lower court decision in the ‘Pension Surplus’ case. Formal appeal documents will be filed with the Ontario Court of Appeal on Friday, December 28, 2007.

Watch our web site for updates and more details as the case moves closer to hearing.

November 20 , 2007

Pension Surplus litigation decision a big disappointment

The Court submitted its decision on our pension surplus litigation today, rejecting all of our claims. Read the details

May 25, 2007

Pension trial bulletin no. 5

Pension surplus trial concluded: judge's verdict expected in six months

Final arguments began in the pension surplus case on May 1, 2007. They were originally expected to last from one to two weeks. However they were finished in no more than three days. Now that the court proceedings are over, Justice Panet will look through information from 18 days of trial that have involved 10 witnesses and close to 60 exhibits. Read the details.

April 3, 2007

Pension Trial Bulletin No. 4

Presentation of Evidence and Expert Testimony Wrapped Up – Counsel Now Preparing Closing Arguments

Day 15 of the pension surplus trial kicked off with the recall, at the request of Justice Panet, of Scott Milne, an expert in public-sector accountancy and former auditor with the Office of the Auditor General. Mr. Milne had already given evidence at the trial on March 7 and 8. However, Justice Panet recalled Mr. Milne as he wished to have clarification of several issues related to the Public Accounts of Canada. Read the details.

April 3, 2007

Pension Trial Bulletin No. 4

Presentation of Evidence and Expert Testimony Wrapped Up – Counsel Now Preparing Closing Arguments

Day 15 of the pension surplus trial kicked off with the recall, at the request of Justice Panet, of Scott Milne, an expert in public-sector accountancy and former auditor with the Office of the Auditor General. Mr. Milne had already given evidence at the trial on March 7 and 8. However, Justice Panet recalled Mr. Milne as he wished to have clarification of several issues related to the Public Accounts of Canada. Read the details.

March 20, 2007

Pension trial bulletin no. 3

Pension surplus balloons to $42 billion: expert witness

A former government auditor testified in Court that the surplus in the public service, RCMP and Canadian Forces pension accounts have now increased to $42.7 billion. Read the details.

March 9, 2007

Pension trial bulletin no. 2

Expert witness says public pension plans have assets

An actuarial expert testified that assets were transferred from the Public Service Superannuation account to newly created pension plans of local airport authorities, NAV Canada and Canada Post, providing solid evidence that there were funds in the public service pension account. Read the details.

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Date Modified : 2008/10/09

Public Service Alliance of Canada | 233, Gilmour Street, Ottawa, ONTARIO CANADA, K2P 0P1, Tel.: 1 888 604-7722 (PSAC) Local: 613-560-4200