Saturday, February 2, 2013

Pension Board Will Have No Restrictions On Travel

Saint John Common Council doing an about face at a special meeting on the new shared risk pension plan.

Mayor Mel Norton says Council will not be imposing any travel restrictions on the new pension board so that the Saint John plan is in line with the other provincial plans.

Norton is confident the new trustees, whom he describes as of the highest calibre, will act in a responsible manner when deciding on travel costs. He adds no matter what happens with the pension plan from now on, the city's contributions will not go up.

Only Councillor Susan Fullerton voted against.