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At issue is control of the $19.3-billion teachers retirement fund, which has nearly 84,000 members.
In 2019, thousands of teachers were outraged when the United Conservative Party government passed a bill requiring the ATRF to use the Crown corporation Alberta Investment Management Corporation (AIMCo) to manage investment of the fund.
Members of the NDP caucus deliver letters and emails to the premier s office in July 2020 from people opposed to changes to public sector pension plan control and who want Alberta to stay in the Canada Pension Plan.(Janet French/CBC)
The government, which pays about half of teachers pension contributions, said the move would save investment management fees. Toews has said that ATRF would retain ownership of the fund and keep its ability to decide the strategy of how the billions of dollars should be invested.