switching to the BC College Pension Plan

[George Kirczenow <kirczeno@sfu.ca>]

Hi,
Since the SFUFA is discussing with the admin the possibility of 
switching to the BC College Pension Plan, I think we should be 
aware that various union pension funds in the US are currently in financial trouble 
and are looking like they have to cut payments to
their retirees or eventually go bankrupt. See for example the recent Washington Post article
https://www.washingtonpost.com/news/get-there/wp/2016/04/20/one-of-the-nations-largest-pension-funds-could-soon-cut-benefits-for-retirees/
Is there any guarantee that the BC College Pension Plan will not get into
similar trouble down the road?
Cheers,
George