| Are there specific concerns about pension plan #0242727? |
 |
 |
 |
|
Q. Are there specific concerns that we should have as pensioners covered by pension plan #0242727?
A. There is no short answer to this question. Our pension plan is "protected" by various legislated provisions and the applicable government agencies are charged with responsibility to ensure compliance with these provisions. At the same time, a study of these provisions indicate there are "cracks" in the system that could have serious negative consequences. The opportunity for pension plans to develop funding problems is very real despite the legislation that exists, and the question of current benefits continuity involves an even more worrisome area of concern. Thus it is believed that there are benefits to having the situation monitored by knowledgeable and informed individuals. |
