Letters to the editor
Great words during challenging time
Re: “We will get through this together: An open letter to teachers from ATA president Jason Schilling,” ATA News, April 7, 2020
Thank you for your words. This letter you wrote to us is one of the best I’ve read. Sincerely. Great words given to us during these challenging times. Thank you very much!!
Teacher, Svend Hansen School, Edmonton
On news of AIMCo’s recent $4 billion loss
This was not due to volatility of the market. It was, as said, “a wrong-way bet.” Talk to Greg Meeker, former chair of ATRF, about this. He says that $4 billion is gone, gone, gone. AIMCo has admitted this and basically has said their risk management group did not understand the risk. Seems like a colossal miscommunication with board, executive and risk group.
The decision to place our pension with another company was not our decision. The individual who made this decision without our input needs to be held accountable. Our union needs to protect us and our pension money.
Mary Lynn Maher
How do we not have more control of our own money?
We cannot let this government force our pension to be managed by an agency that does not understand derivative risk and is not overseen by a competent executive team or board. The news of this $4B loss sickens me.
There has got to be a way for ATA to team up with LAPP and the other pension plans that have been hijacked to create some major noise.
This is absolutely not acceptable. We need to stand up and have our concerns forwarded to MLAs to reverse Bill 22.
Jason Kenney: Listen to us. This is our money!
Letters to the editor: We welcome letters to the editor. Please limit your submission to 300 words. Only letters bearing a first and last name, address and daytime telephone number will be considered for publication. Teachers are also asked to indicate where and what they teach. All letters are subject to editing for length, clarity, punctuation, spelling and grammar. Email managing editor Cory Hare: firstname.lastname@example.org.