Contents

Cover

Title Page

Copyright

Foreword

Introduction

Chapter 1: The Elephant in the Room

When Losers Become Winners

Debt vs. Deficit

Why are Pensions the Problem?

The Wage Gap—Skyrocketing Compensation Packages

Reduced Workload

Living Under the Bell Jar

Chapter 2: The Devil is in the Details

Funding Retirements

How to Miss the Point Completely

Chapter 3: The Role of the Unions

Public Sector Unions

Chapter 4: Politicians and Bureaucrats at the Trough

To Fire or not to Fire, That is the Question

“I'm Entitled to my Entitlements”

What's Good for the Goose . . .

The Gravy Train of Pensions

Don't Forget our Illustrious Senators

Chapter 5: Ontario Hydro: Power to the People

History of Ontario Hydro

Problems Times 5 or 7 or 90 . . .

Chapter 6: Education: The New Sacred Cow

Is Calgary an Aberration?

University Pensions

Let's not Forget the School Boards

Chapter 7: Police Pensions

Toronto Police Force Salary and Benefits

Chapter 8: How Much Do You Really Owe?

Federal Government Deficits, Debts, and Commitments

Let's go Provincial

International Story

Chapter 9: A Ten-Step Plan for Pension Reform

A Ten-Step Plan for Public Sector Pension Reform

Checklist for Pension Accountability

Chapter 10: Steering the Titanic

The Real Economic Story

Thinking Outside the Box

Pensions Re-imagined

A Unified Pension Plan

What Does The Future Hold?

The Final Word

Endnotes

Introduction

Chapter 1

Chapter 2

Chapter 3

Chapter 4

Chapter 5

Chapter 6

Chapter 7

Chapter 8

Chapter 9

Chapter 10

Index