McGuinty budget to tackle Ontario’s public-sector pensions

National Post | News

Toronto — The Ontario Liberal government will reveal changes to public sector pensions in Tuesday’s budget, sources say, putting it on a collision course with some of its largest unions.

The McGuinty government will reduce the benefits earned by future pension plan members or, alternatively, increase the share of the plan that members pay. The Liberals are acting on a recommendation from the Drummond Commission, which reported on the state of Ontario’s public services last month, and warned pension expenses will increase 70% over the next five years unless checked.

Dwight Duncan, the Finance Minister, has already warned that he expects the budget, entitled Strong Action for Ontario, will bring protesters onto the lawns in front of the Queen’s Park legislature in large numbers for the first time since the days of the Mike Harris Progressive Conservative government in the 1990s.

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The PCs, now led by Tim Hudak, have…

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