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  HALIFAX An independent three-person panel has been appointed to examine ways of strengthening the pension plan for Nova Scotia s teachers, which had a massive unfunded liability of $1.5 billion as of 2019. The province says while there is no immediate risk the plan will be unable to meet its pension obligations, it has a shared obligation with the Nova Scotia Teachers Union to address the liability issue. The teachers pension plan is one of the largest public sector plans in the province, with 32,647 members, including 13,705 retirees and survivors, 12,979 active members and 5,963 inactive members as of 2019. Agreed to in October, the panel is to consult with teachers and other plan members before submitting recommendations to make the plan fully funded by Dec. 31.

Mark fureyPaul wozneyElizabeth brownConrad fergusonNova scotia teachers unionBrown mills klinck preziosoNova scotia community college academic unionPublic school administrators association of nova scotiaNova scotiaGale rubensteinLabour relations minister mark fureyPublic school administrators associationNova scotia community college academicHalifax newsMaritime newsPrince edward island