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Wednesday, December 14, 2011

Mayor Doesn't See Problem In Getting Pension Plan Changes Approved

Mayor Ivan Court says the special sitting of the legislature Common Council is asking for to get reforms to the city's pension plan approved should be a mere formality and he's under the impression the changes being sought by the city would be approved. 

Court also points out the provincial pension plan is not in great financial shape either and three other municipalities are waiting to see what happens to Saint John before moving ahead with their own pension plan changes.
 
The Mayor expects the city budget to be ready by the middle of next month at the latest.