The panel gathering feedback on whether Alberta should quit the Canada Pension Plan heard renewed calls Tuesday for hard, negotiated numbers before the issue goes to a referendum.
Panel chairman Jim Dinning also got an earful from one Albertan who called out the province's assertion it is entitled to leave the CPP with $334 billion -- more than half the fund's assets.
Caller Patrick from Lethbridge said, “I also have a problem with the actual numbers that we've come up with. “Nobody else has come up with a recent number to tell us what that actual number is, so the government has gone with the professional actuaries that did this report,” said Dinning. The first town hall last week, with questions from northern Alberta, also fielded queries on the LifeWorks numbers along with questions on how an Alberta plan would be run: who would manage it; what would the investment mandate be; what about portability, death and disability benefits? Those issues have not been decided.
Smith's United Conservative government says Albertans are paying disproportionately into CPP and would get a better deal going it alone. Also, the mandate of Dinning's panel, displayed on the government website, does not say it make a specific recommendation on leaving the CPP.
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