SAINT JOHN, N.B. – Donnie Snook doesn’t seem to be completely on board with the city adopting a shared risk model for its’ pension plan reform.
The task force recommended the shared risk model during its’ final report to council Monday night.
Snook says council needs to take their time on this decision.
“We’re making a decision that’s going to have long term consequences so we want to make sure what we’re doing is the best possible solution for Saint John.”
Even though the option has a smaller price tag than the other two, Snook doesn’t know if the city can afford it.
Councillor Snook questions feasibility of shared risk pension plan
Wants council to take its’ time making decision.
News Staff - Alison Morash
Maritime Morning
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