Severance packages and tax-free salaries scrapped by Alberta government

Local MLA Shayne Saskiw says the steps made by the PC government in implementing 13 of the 15 recommendations laid out by retired Supreme Court Justice Jack Major are a step in the right direction, but insists the Wildrose party will fight “tooth and nail” to ensure the proposed defined pension plan for MLAs does not become legislation.

Last week, in conjunction with the first session of Alberta’s 28th legislature, house leader Dave Hancock announced Premier Alison Redford’s government approval of most of the recommendations laid down by Major in his written report on salaries paid to Alberta politicians. Redford had originally pledged to accept every one of Major’s recommendations around MLA pay. However, immediately following the 327-page report’s publication, the premier announced she would not accept the recommendation for an increase in her salary to $335,000 (a raise of $124,000).

 

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$25 billion in pension liabilities on the books, according to MP

A report released by the Canadian Taxpayers Federation (CTF) a few weeks ago has asked Members of Parliament to shut down the current pension scheme that has been creating hoopla in Ottawa. Last week, local MP Brian Storseth said the pensions are only part of a much bigger issue. Read the full story at The St. Paul Journal.