Editor:
Re: Mayor Corrigan deserves pension, NOW, Oct. 26
Cry me a river, Mr. Volkow. Really, a pension for mayor after 31 years of service? No way. Your own deputy director of finance indicates that every pay period Mr. Corrigan received a retirement allowance in lieu of pension. Hopefully Mr. Corrigan took full advantage of RRSP or TFSAs to sweeten his retirement. And where would such pension dollars come from? Oh, an increase in property taxes, no doubt. I have worked since the age of 16. I am now 64 and have never had a pension. It’s been up to me to ensure that I would have sufficient funds in retirement. Time for a change or pension liability will be bankrupting our province and country. One only needs to look south of the border to cities like Detroit and Sacramento, which have been forced to eliminate or significantly reduce services in order to cover unfunded pension liabilities.
Do your job, Mr. Volkow and figure out how to save for your retirement without burdening the taxpayers.
Curtis Evans, Burnaby