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Heartland Herald, Vol 8, No 6

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Heartland Herald, Vol 8, No 6 1 The Heartland Herald HARTA’s Newsletter of Branch Events The New Year Edition Publisher: Ron Thompson Volume No. 8 Issue No. 6 Date: February 2020 A Branch of ARTA Date Change for Drayton Valley Luncheon C The date of the Luncheon in Drayton Valley has been changed from April 16 to April 30 at 11:30 AM at the Best Western Plus Hotel. The Pro- gram guest for the day will be Lisa Cookson from Drayton Valley’s Primary Care Network. Her topic will be Foot Care and Health. HARTA’s Drayton Valley members could register for the HARTA Mini Conference in Leduc as well. Events for February Canada Pension Plan to June 2020 & the AGM Teachers continue to discuss the effects of the Alberta Government’s decision to seize con- Leduc Wednesday, February 12th at St. David’s trol of the Alberta Teachers’ Retirement Fund United Church. Musical Presentation and Devices (ATRF) assets and also the Government’s musing Workshop. Luncheon at 11:30 AM about establishing an Alberta Pension Plan. For Wetaskiwin Wednesday, March 11th at O’Brian’s those wanting to follow or participate in this dis- Restaurant. 11:30 AM. Program: Canada’s New cussion, go to the private Facebook group called, Food Guide. Alberta Teachers for Public Education, https:// www.facebook.com/groups/335679697107355/. Drayton Valley Luncheon Thursday, April 30th at Best Western Plus. 11:30 AM. More details to be On January 8, 2020, the Edmonton Journal car- announced. ried an editorial concerning the proposal of the UCP Government to opt out of the Canada Pension Plan Leduc Tuesday, May 5th, HARTA’s Mini- (CPP). The editorial by two pension experts entitled, Conference at St. David’s United Church. 9:30 AM “Alberta stands to lose much if it opts out of CPP” is to 4:00 PM. Save the Date. worth a read. Some of their main points are highlighted here. Leduc Friday, September 11th, 2020, 10:30 AM AGM, Election of Officers and Pancake Brunch at • CPP is jointly governed by both federal and pro- St. David’s United Church in Leduc. ARTA Benefit vincial governments. Plans Updates. Confirmed • The mandate of the CPP board is to invest solely in the interest of plan beneficiaries. Member Welfare • Its average rate of return has been over 10% per Please let the editor know of anyone who year. would appreciate a get well note or a phone call from other HARTA members. • It is universal, stable, portable, well managed and has inflation-protected benefits. 2 • The long-term stability of contribution MLAs appreciate the feedback on issues of rates depends upon a steadily growing em- the day. Your viewpoint on pensions and other is- ployment earnings base. sues are noticed. Please keep in touch with them! • Like any pension plan, and as we know with the experience of the ATRF, if there is Jason Kenney – Premier an economic crisis that prevents a stable 2105, 230 Eversyde Blvd SW level of cash flow to the plan, contribution Calgary, Alberta T2Y 0J4 rates to the plan will need to increase. Email: [email protected] Phone: (780) 427-2251 • Plan instability increases when an econo- Fax: (780) 427-1349 my is reliant on unstable commodity pric- es. Rachel Notley – Leader of the Opposition • A more diversified economy and a larger Strathcona Professional Centre pot of money allows for greater plan stabil- #101, 10328 - 81 Avenue NW ity. Edmonton, AB Canada T6E 1X2 • Alberta Investment Management Corpora- Email: [email protected] tion (AIMCo) has multiple clients with mul- Phone: (780) 415-1800 tiple mandates, some of which are directed Fax: (780) 415-07 by the provincial government. • An investment in assets that promote the Brad Rutherford – MLA Leduc – Beaumont Alberta economy is contrary to the fiduci- #106, 6202 - 29 Avenue ary duties of the plan’s trustees. Beaumont, AB Canada T4X 0H5 • No province has ever attempted to with- Email: [email protected] draw from the CPP; Quebec set up its own Phone: (780) 638-3171 plan when the CPP was started in 1966. Fax: (780) 638-3506 • Albertans would inherit the liability for all contributions of people who have ever Mark Smith – MLA Drayton Valley – Devon worked in Alberta since 1966. 5136B - 52 Avenue Box 7272 • Administration costs would be duplicated. Drayton Valley, AB • The federal government would have to re- Canada T7A 1S5 negotiate agreements (~59) with other Email: [email protected] countries to cover Albertans working there Phone: (780) 644-7146 and foreigners working here. Fax: (780) 638-3506 • Conclusion: a risky proposition Rick Wilson – MLA - Maskwacis – Wetaskiwin The Alberta exit from the CPP was also 5019 - 50 Street discussed at the UCP Government’s travelling Wetaskiwin, AB road show called the Fair Deal Panel as they Canada T9A 1K1 continued their town hall hearings in Fort Sas- Email: [email protected] katchewan on January 9th. This was the 7th in a Phone: (780) 422-4144 series of events taking place around the prov- Fax: (780) 638-4052 ince, with two more town halls scheduled. The Submitted by Gary Hansen, Panel’s report is intended to come out in March. Past President Wetaskiwin ATA Local Numerous speakers at the Ft. Saskatche- wan townhall meeting expressed concern about HARTA ATA Liaison Alternate an Alberta Pension Plan to replace the Canada Pension Plan. Audience reaction was support- The Devices Workshop ive of concerns raised. On Wednesday, February 12, HARTA will hold Feedback to the Fair Deal Panel can be provided on-line: its Executive Meeting in the morning. There will be https://www.alberta.ca/fair-deal-panel.aspx a luncheon to follow at approximately 11:30 AM. Finally, the Alberta Government is seeking After lunch members of “Potluck” will perform a suggestions for the 2020 budget. These can be few love songs in honour of Valentine’s Day. provided on line at: https://www.alberta.ca/ budget-consultation.aspx. Following the performances, there will be a 3 presentation on security. The session will be Branches: www.artabranches.net a presentation on online security relative to ATRF: Provider and Funder of Alberta Teachers’ many different platforms from computers to Pensions: www.atrf.com CPP and OAS: Pen- cellphones and tablets. sions provided by the Canadian Government Contact Service Canada at: www.Canada.ca The cost for the Sessions, Performanc- ARTCF: Alberta Retired Teachers’ Charitable es and the luncheon will be $15.00 and $10.00 Foundation at: https://www.arta.net/advocacy/ for the luncheon and Performance. The artcf luncheon will consist of sandwiches, soups, I hope the above information makes the re- vegetable and fruit trays and squares. tirement information world easier to navigate. Please, save the date HARTA’s May Confusing Abbreviations Mini Conference After you retired from teaching you HARTA’s Mini Conference will be on Tues- probably noticed a number of abbreviations day, May 5th from 9:00 AM. to 3:30 PM. The fol- re: retirement. ASEBP (Alberta School Em- lowing sessions have been confirmed: Tom Dir- ployee Benefits Plan) refers to the health sa, a local historian, will do a session on Leduc benefits provided by various school districts and which are also available to retired teach- and District’s History. Lourdes Juan, Founder of ers until age 65. The ARTA (Alberta Retired the Leftover Foundation, an organization dedi- Teachers’ Association) Plans, are plans cated to distributing unused food that would oth- available to all ARTA members and Associate Members. The ATRF (Alberta Teachers’ Re- erwise be thrown out will do a session on how tirement Fund) is the fund that pays teachers’ her organization helps provide food at a more pensions to retired Alberta teachers. Retired reasonable price. Susan Soprovich, A repre- teachers with concerns re: their pensions, sentative from the Alberta Securities Commis- should contact the ATRF re: these issues. CPP (Canada Pension Plan) refers to the sion, will do a session on Investment Fraud. Fi- Pension Plan provided by the Canadian Gov- nally, Noel Cairney will do a session on Laughter ernment. The OAS (Old Age Security) is a Yoga. As well, Wellness checkups featuring the supplementary payment to every person over Body Composition Clinic. 65 years also created by the Canadian Gov- ernment. As a review of these abbreviations, I The Keynote Presenters have changed. have listed all these abbreviations with their Marilyn Bossert, Past President of ARTA will be websites where you can get more information on a given topic. The ARTCF (Alberta Retired a joint presenter as will a representative from the Teachers’ Charitable Foundation) is ARTA’s ATA yet to be announced. The change was made foundation to support various partners with necessary by the continuing concerns generated their various projects to achieve their goals.. by the Provincial Government’s changes con- Abbreviations cerning Teachers and other Professionals. ASEBP: Provider of Health Care Benefits A1C screening and Blood Pressuring Moni- before 65 years of age: www.asebp.ca toring will also be offered. These services are ARTA: Alberta Retired Teachers’ Associa- designed to screen for issues that could cause tion Provider of many services and Benefits problems at a later date. Such screening could to Alberta Retired Teachers and other Profes- alert you to health issues before they become sional Retirees: www.arta.net serious. Please reserve, Tuesday, May 5th, to 4 attend this information-packed day. ond career as a writer. He wrote the Alberta Distant Learning Preview/Review programs for the Junior We would like to present Marilyn Bossert with a cheque for the Charitable High Social Studies courses. In 2017 he was the au- Foundation from proceeds we could collect thor of Canada Becomes a Federation as part of the from draws from our luncheons.
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