PSAC in court over pension surplus in April
The next chapter in the Federal Superannuation Surplus dispute begins at the Ontario Court of Appeal, April 19, 20 and 21, 2010 in Toronto.
PSAC and other federal public service unions took the then-Liberal government to court over 1999 changes to the Public Sector Investment Board Act which allowed it to expropriate $30 billion from the federal superannuation fund.
(See Summary of PSAC argument in the pension surplus case)
After years of legal wrangling, the Ontario Superior Court dismissed the suit in Nov. 2007. See Professional Institute of the Public Service of Canada v. Canada for the Ontario Superior Court decision.
The unions were granted leave to appeal to the Ontario Appeals Court.
For more background on the case see: Pension Grab: Another Government Plunder.
Date Modified : 2010/07/13
