Define Benefit Pension plans vs Target Plan

CUPE NB and CUPE National remain committed to Define Benefit Pension plans. Since the Legislated  conversion of the PSSA DB plan ,CUPE commissioned PBI to review the assumptions and that report is attached . Since the Legislation to a  we have Lobbied and tried to hold the Gallant Governments to its commitment to reviewing the need to have converted the PSSA plan from a DB plan to a target pension plan.

CUPE is also exploring several options including a legal challenge.