Friday, August 24, 2012

Pension Fund Short On Dollars


New information on their pensions isn't sitting well with retired mill workers in Fort Frances.

They've been told by Resolute Forest Products their fund is short by $1.9 billion.

Allan Bedard, who helped formed a local group to get pension protection, says it's only creating more anger amongst the retirees.

Bedard says equally frustrating is the inability of retirees to have a say in those pensions.

Bedard says the loss of money in the fund is further reason behind their fight for government action.