The Mudcat Café TM
Thread #127427   Message #2842040
Posted By: gnu
17-Feb-10 - 12:09 PM
Thread Name: BS: Canuck Pensions
Subject: BS: CANUCK PENSIONS
Here.

As it's short, I am gonna paste it too in case the link dies in future.

OTTAWA - Treasury Board President Stockwell Day says the federal government has to "live within its means" and its long-term goal remains deficit reduction.

Speaking after pre-budget meetings with two of the federal government's largest unions, Day would not rule out pension or wage cuts, but he promised to work with labour to "maintain the integrity" of public-service pension plans.

He says 1.5-per-cent caps on public-service wage increases will continue through 2011.

After that, he says, "there will be other discussions."

Day says the economy remains "fragile."

His comments came after meetings with John Gordon, national president of the Public Service Alliance of Canada, and Gary Corbett, national president of the Professional Institute of the Public Service of Canada.