There are some worries about the potential sale of SaskTel and what it would mean for the SaskTel Defined Benefit Pension Plan.
The provincial NDP brought forward a petition from members of the plan on Wednesday.
“We are requesting that the members of both the government and the Opposition give members of our plan an assurance that should the plan should be unable to properly fund itself or should SaskTel be unable to fully fund any shortfalls or should SaskTel be sold that the provincial funding would provide appropriate funding to deliver the benefits to all members or survivors of the SaskTel Defined Benefits Pension Plan as determined in the negotiated plan text,” said Ron Carlson, president of the Telephone Defined Benefit Pensions Association.
The minister responsible, Dustin Duncan, says if there were a change in ownership, the new arrangement would have to abide by both the Pension Benefits Act, and aspects of the SaskTel Communications Act.
He is assuring the around 200 members in the plan they will not lose or receive their pension.