The Pension Funds Surplus Trial Reconvenes
The trial on the federal pension accounts surplus is to resume on 26 February before the Ontario Superior Court of Justice, in Ottawa. The presentation of evidence and expert testimony is scheduled to last until 13 April and the final arguments are to be heard from 30 April to 18 May.
In mid-February, the plaintiffs, i.e. FSNA and the Federal Public Service Bargaining Agent Representatives, remained extremely confident that the facts of this case and existing legal jurisprudence would eventually result in a court decision in favour of employees and pensioners.
In a letter to Prime Minister Harper (PDF) that they wrote, the plaintiffs strongly encourage his government to intervene in this matter and spare the Canadian public any further expense and acrimony of long and protracted legal proceedings, believing that the interests of all parties would be better served in this manner.
A February 13th press release (PDF) was sent to the Media.
The Court Challenge regards the $30.2-billion surplus taken from the Canadian Forces (CF), the Public Service (PS), and the RCMP pension accounts following the adoption of Bill C-78 in 1999.
