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a - wxrmuximmm -Wednaauday. September as. 2012 ‘V 219 Well! St N . Slut: 1) M10. (Nun) N2] 3H8 “18%2830 Fax: “$885931” .....m. W Peter WINKIJiR PUBLISHER at a t w ., WWW- f HEY... SOME OF l HOSE . _ ., s . Bub VRBANAt‘ i __ it.» ' ‘ EDITOR ell 229 HER!TA% HwSEs ARE ‘4» ris‘wggy '» ‘ » \ edumalflwaterlrI-chnmxlc ca per:- ”’1 ‘ musflwalcrlonchrulitckca ONLY As OLD As I AM! 5% , .\ ‘ l .. if ‘ ",3 g ‘ '. . Jordan F.R(‘I'I‘ M t» . *fiffi ,, ‘3: a .‘ ' 1 "“1 i . \9 RPM ext. BIS “an ' . m 1 ‘ :6} » ‘ , A" ' "{3}“. '1 a 1 -’ i 15.3 t} k.» > 1 \ milfiwaterkxlchnmickra ». ., ‘ “U.“ ' ‘- ' 5'." ”1:1 v a ‘41:; 07â€" 1? a t " . a“ ‘ ‘21”? ‘ x‘ '. _. u I . lame: JACKSON , ; r ‘ . « , - . "' rah \q r t}: g . . 3 - ‘ REPORTER ext. 203 . ' a: wily. . r , unclumflwatcrkarhrunlvkca >1 A I ~ ' ‘ ” " .. I A l“ , ~ ‘ '5 . ' V V :‘ ‘ . - \ ' e s , - . ' ADVERTISING s._. , , g , » l , if}? , .0 ,7 Ted ANDERSON at no _ fl“ ’ * -~ /~ V ‘ \ 1 Q r. j. “a . REGIONAL“) MANAGER . . _ ‘1; H g, ‘ 4- , g . h -. , ~ lambumflwatcrk-ichnmickxa I ‘ m ‘ ‘6”),4). ’ . ' , y; 5‘ If, ‘ ’ I: 1“ .t - Sim-5 RIJ'RFSENI‘ATIvrs " ‘* * ~ . Q J 4;. Ms? “A "‘9 ‘ ~ I ', , ' . f ~1ka 5""inst cu :1: f ' " {is j 3“,: .' . . t 3‘ ., . ‘ mxtrvcnsl‘watcrlm-rhnmclc ca J 5 “f“. . ;‘. " ‘ g]. ‘ ‘ ' a. . - i .. .u g . ., “it /’I ~ " ' auxin“) ‘Qs’w . ... no xus nu; ' i CIRCULATION ‘ H9 western 2H ('uiadlan PUNIK’BIIIIVIS Marl Saks ‘ ) _ _ _ . ‘ " . . . armrrmwmm (,III\()\I(.l.l. H)! mm“. Clty facmg pens10n shortfall , International Standard Serial Numr . r - . s former chair of the every retiree and peoples life “"555“ W313“? The new normal Citizens' Budget Task l l ; l \ ; expectancy was much lower. Audited Circulation H.292 .1 b." the me. I am disturbed I l , Today, there are four workers u don't have ‘0 look into 9 cryst to see a] ' - ( I I: l l “x. '1 " er retiree. And with bah m ‘3‘ futureinWaterloalt‘sondispia throughthegm ”seem “Payers Pre . \ P V y . cious tax dollars it bel boomers now retirin and ofthe lanmomsatthenewMikeandOpheha ‘8” “8 8 - c e misallocated to the wa es livin lon er. Stats Canada 4‘ “- lamridisQuantumâ€"Nano Centre 8 ' g 8 ~ ' benefits and uaranteed expects there Will be one 8 1 , Not many people wtll understand the science that nsofcitywo I . worker per retireein 2030. The Wanton drunk-rpm fl gncionguct" ed“! Haltedoifnnewwoem “mmsutcimety war, Council recently ' Additionally, the average each Wednesday by Melroland . w a med 3 a rain of SIX public sector worker retires Med- Got-v U4 "' pp p f: to much sooner than their pri- it led Mike Lazaridis. the Research in Motion co- 5: a!“ moist/atfrmtaflf \ vate sector counterpart so wan ”553 W found!!! and the centre‘s chiefbeneractor. to ”V k“ Fri- “wagon costing "my. ‘ their take on the already or “x 0mm Press Cm:il. which day ”:5: ml ”:9? “an“ to WI in” ”90:": at}: my." million MIKE unsustainable system is her newspa n 7:22: '73:; environment will resinpe uneconomic development. I want ‘° 90“" 0‘" that MAGREEHAN exacerbated. P‘, .- P . there are two much lar er Yes, city workers deserve or 8 MW»WW Andumohtoarguewithamanwhosmobfledevica to melts _ fair f0 nable rk mm”f“'h‘uu"°h helpedreimaginetelwommunicationsandputmobile costsbeingomlttedâ€"eapeâ€" era m perform pay rreaso wo mus-pa Unresolved con-plum . daily when stall is advising ance. Even after a positive â€"â€" we all agree But taxpay- can be my: to; Ont-no Pres! computing "1 the hands oral! ““3 with the W services could be cut and rate of return in 2011. ers deserve a fair deal when Conactl. 2 arllon Streel. Suite andother smartphonedevioes OMERS deli l $7 9 l f (H ”in Tm 0" 1453 ”3 The students and scientists who will populate the :35 feesfli‘reitmduced in order billion. a82 if; censt hire“: mm; p33“): 1:31;: new Quantum-Nam Centre. strategically diluted in the 0 meet “In.” ’ mLGma this new are heart of the campus of the University at: Waterloo.‘ will unmytiinsgt $35533 in one”! ”(if C a i .8 I t w" hm: precI is“: 23"”! “8' are am am"? a? my h' cl reate "wgfimm PM? toouldn have tion. A {"31“ part of a city employers closed their guar- The city surveyed 12 cu] WW. All other rights m More ism "may it will) give those may: minds worker s compensation anteed defined-benefit P9” companies '0 justifya _1-5 per reserved damn-and use a pm 9° ' acka e is the Ontario sion plans long ago. recog- cent pay raise. Council then theabllityto MierethesciencetakesthflnJ‘heyMll p 3 Muesli To mt: Ty nuts! in: be "and“ Myth cu tech and co ts Municipal W Retire nizing their costs and the approved an increase with- "W‘" W” "m" '"‘ "' tting edge "do“ Heep ment mm.m impact of poor markets and out even factoring the A”? Pot do» (mzm to he. in - lion. pension plan that offers an aging population has on OMERS plan in“) "‘9 overall 5 W Lazaridls called this the new normal for the people their sustainabili Manullfe ti k a m 8"" “but“ Hm" WM" populating the centre and they will think nothing of municipal retires ‘ guaranâ€" . '5‘ ' compensa on P“ 36' (was. 219 was" s: N. Suite teed “fen,” pension Sun we. Standard Life. lau- Comparing salary Increases 20. Wins-immune N1. mg working at the atomic and sub-atomic level. It was a i I I ‘0 inflation _' renflan Bank and W Bank alone is W unless . . similar experience to "he" he can“: '0 the campus in less ofhow mm”, per- are but a few examples of it's compared against the :zm?fl:m mm". m.- i”) “A?” up? to technoloy like email and the lbrm. blue-chip companies that entire compensation pack- mua'u rd m. “an", nun-u lntemet belote was W‘ The roblem? OMERS have closed their defined» age. Hewasshownwhat bleatUWandtheQNC P and Ichth- "it" Mun-n Ind was possl ‘ has a massive deficit that is benefit plans longago The second ex nential Irmmmmnlrmly fur promisestodothesameforthenextgeneration 9° . «uric-ac. "in and mu m h.- ' growing. In an effort to "8V9 you noticed that cost lsWflfi'i-mllhon Infra- puNni-ya. than mu on: he will ‘ address this shortfall. city these are the computer 3“" structure 6050“- The city has hrld \w m If: right In rd" to» stalland my”, have seen specialize in finance? isn’t it only $1 million set aside for :1:an any LLT-rI-Erlrf-rr‘mntn their contributions more time for the public sector to roads. mam bridges N aw.” s no new“ than double since 2005. follow suit? Taxpayers should ball: at U. hy null In (drum-it"s”! It's one thing for city When defined pension tax increases. user fees and human u. a! mu «w thin employees to contribute to plans were introduced In the levies. so long as tax dollars u::.'."‘."'.:‘";:'..i ”~'.‘.‘"¢ilfr.;l? , their own retirement plan. 1960* m We "to" than are funding overly generous I’M-”h, j...“ . . _ 1 but quite another for taxpw- seven workers supporting compensation packages