Tuesday, April 15, 2014

Province and Teachers Work Out A Deal On Pension Plan


The provincial government and the New Brunswick Teacher's Association have reached an agreement about the teacher's pension plan.

Finance Minister Blaine Higgs explains more details of the agreement will be released over the coming days, but he can say the agreement meets their mutual objectives for a more sustainable and affordable plan. The practice of special payments--which have cost hundreds of millions of dollars--will also be done away with.

They've been working on the agreement for the past four months. Information sessions for teachers about the changes will begin on April 22.