Sunday, September 6, 1998 — North Shore News — 7 An inequitable Summer |B 24" we! SUMMER vacation ain’t what it used to be. For one thing, how’s 4 guy supposed to get any relaxation with the land head- ing to hell in a host of hand- baskets? Take the pay equity issue. A recent ruling from the Canadian Human Rights Tribunal — why does that already send a shiver up the pine? — decreed that 200,000 former and current federal government workers will soon cash in big time in the pay equity lottery. Initial estimates put the total at anywhere from S¢4 bil- lion up to S8 billion that media reports said the “Liberal government” will be on the hook for. First, it is not the Liberal government. It is you and me, the taxpayer, who will be on the hook for what one estinate has pegged at $500 each to cover the setulement. Second, the whole issuc of ay equity in government ie bs is a byzantine mind-ben- der of burcaucratic propor- tions. The case revolves around such buzz. words as equal pay for work of equal value. But what that means is anyone's guess. In the private sector, the value of a job is determined by market forces. Supply and demand — what a given -eniployer is willing to pay for a given employce. But there are no marker “forces at work in the public ‘sector. -. . Wages are set in cloistered . confines ¢ of the civil service. ~ As to the value ofa given +. public sector job, we are not comparing equal pay for the : same'job in this whole exer- fe are comparing the value of different jobs as deterritined by some arcane biircaucratic formula. Madness that could only be rtawva’s unreal re is'a thought, thous fh é far from original: Als; a ‘way for the il service to pt a chunk of what is currently projected to $6 billion budger surplus for:Canada.. - knowledge; no onc ring the lengthy Pay equity has proposed achieving - “equity by reducing the higher -. public service wages to equal their lower ‘counterparts. in ORGANIC _. JREATMENT «.. Guaranteed 5 years ? Family Operated since 1934. “Dr. Mines Price PEST. CONTROL * 926-0230 * ~ MPs? The result would be a reverse windfall: a multi-bil- lion-dollar payback to the tas- payer instead of another back- breaking government-gener- ated bill. Cail it a public-private pay equity solution. gaa I know, I know: gallons of ink have already been spilled across Newspaper pages on the MPs" pension issue, but, unless I missed it, a key factor was left on the cutting room floor. Fiscal fairness. Nor just the tairness of MPs’ pensions as they relate to MPs who have opted in or out of the plan, The core issue here is the blatant unfairness of MPs’ pension plans compared with pension plans in the private sector. That inequity has been marginally reduced in recent years but it remains far out of ilter. There are currently three pension plans rolling around Parliament Hill, rang- ing trom the original gold- plated version through the pared down silver-plated option and on to the opted- out version. The fully loaded gold-plar- ed mode! still applics to at MPs who were eligible for it prior to 1995, when pressure om the Reform party and others such as the National Citizens’ Coalition forced changes in the plan. maiibox _ The gold-plated version gathers $6 from the tax-pay- ing public for every $1] con- tributed to the plan by an MP. Its new silver-plated counterpart gathers taxpayers money on a $4-to-$J ratio. . ons after only six years in office, but instead of being able to collect it regard- less of their age, those with service after 1995 must now wait until age 55 to cash in. MPs’ pensions remain tully indexed against inflation after their recipients turn 60. And at last count, MPs* pensions grew twice as fast as the maximum fegal rate for private sector pensions, Minor reforms aside, the MPs" pension plan remains a government-decreed plunder- ing of the public purse. As to unfairness within MP ranks: Opted-out pension rene- aces like North Vancouver AP Ted White teok a double hit to the pocketbook when they chose to continue boy- cotting the plan. Legislation in 1995 pro- vided MPs with a six-week window to opt out of the pension plan. After that the window was slammed shut. Ail new MPs eiected in 1997 were forced back inte the pension cult. By law, Apart from cutting them- selves out of pension cash, obstinate opted-outers were denied the opportunity to contribute to RRSPs for two years. White, a toiler in the pri- vate sector prior to his foray into federal politics, has had the good fiscal sense to ensure that he take care of his own retirement years through RRSPs and other investments. So the RRSP penalty hit him directly j in the pocket- To rub more salt into the wounds, he was assessed a $4,000 tax bill for RRSP investments he made during the penalized two years. Talk about bizarre dealings on Parliament Hill. Opt out of'a pension plan on the principle that it is too rich in comparison to private sector plans. Save the taxpay- ers money by declining to collect pension largesse. Avoid being legislated back to the wough. Then be further penalized by being unable to invest in private RRSPs. Take another hit to the wallet from Revenue Canada for trving to take care of your own future outside of government. White estimates that his opted out decision will cost him about $400,000. That's not counting, his recent $4,000 tax bill, Expensive beasts, these principles. 900 And last bur not feast in this end of summer holiday reflection: the summer school break. Ten weeks is t00 long by half. Add to the above such fac- tors as the paltry 192 days currently located to teaching in B.C, during this school year. Compare thar with such nations as Japan and Germany, where the school year clocks in at over 240 teaching days. Consider also that the fast month of cach school year is iven over to celebrations and ndoggles of all description and that the first month is given over to helping students recover all the learning they have lost during their extend- ed summer break and you can see why relaxation is an clu- sive summer quarry for par- ents. Donen ened Wright wrong about quotation Dear Editor: Noel Wright is to be com- plimented for his attempt to give proper meaning to the oft-inisused quotation “igno- rance is bliss.” However, his quotation is also incorrect. BGUER. _ LEAVE An IMPRESSIONS Thomas Gray, the “guy” who wrote these words in 1747 in An Ode on a Distant Prospect of Eton College wrote “Yet ah! why should they know their fate since sorrow never comes too late, and happiness tco The Hockey Company 10 0 50° OFF All hockey equipment swiftly flies, Thought would destroy their paradise, no more; where i ignorance is bliss, *tis folly to be wise.” Better to - be right than Wright? -D. Sanders North Vancouver 2029 Lonsdale A Ave, North Van 987-6630 ° “Best t Service, Best Prices " — 1 a . Safety check. 15 minutes - FAST! 1362 Marine Drive 980-9715 Mon-Sat 8:00amn-6:00prn, Sun. 9:00arn-5:00pm Expires Sept 18/96 PERSONAL INJURY Free Initial Consultation Douglas W. 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