Is the UCP’s Alberta Pension Plan just Pixie Dust and Unicorns? With Chartered Accountant David Bruce Carpenter

The session will address the history of CPP, who governs CPP, relationship to QPP, funding methodology for pensions, necessary changes to ensure viability in the 1990s, the unfunded liability, viability of the current plan, fiduciary responsibilities of decision makers, ownership of the assets, who gets the liability on separation, the UCP proposal, gaping holes in their promises, UCP’s ability to manage the referendum, and finally serious questions for Albertans to ponder.

Speaker: David Bruce Carpenter

Chartered accountant, tax emphasis, FCA. Involved in private publishing, printing, real estate. Board Trustee Calloway REIT. Lethbridge City Councillor: 3 terms; additional five terms as Mayor of Lethbridge. Director, Federation of Canadian Municipalities. Vice-Chair, The Special Forces Pension Plan. Chair, WCB-Alberta. Director, Workers’ Compensation Boards of Canada. Director, Alberta Capital Finance Authority. Chair of Finance, Audit and Risk Committees as well as Official Administrator of Alberta Health Services. Alberta Human Rights Commission award for advances in native/non-native relations. Honoured with the Blackfoot name of Piita Poot-Ta (Flying Eagle). Alberta Venture Magazine (July 1998) honoree as one of the 50 most influential people in Alberta. Honorary Lieutenant-Colonel 20 Independent Field Battery and Honorary Colonel 18 Air Defence Regiment. Awarded four commemorative medals. Commendation by Secretary of State for contributions to Canadian citizenship. Senate sesquicentennial medal recognizing valuable service to the nation.