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Pension Ponzi
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Table of Contents

Foreword v

Introduction 1

Chapter 1: The Elephant in the Room 13

Chapter 2: The Devil is in the Details 31

Chapter 3: The Role of the Unions 47

Chapter 4: Politicians and Bureaucrats at the Trough 69

Chapter 5: Ontario Hydro: Power to the People 85

Chapter 6: Education: The New Sacred Cow 101

Chapter 7: Police Pensions 115

Chapter 8: How Much Do You Really Owe? 131

Chapter 9: A Ten-Step Plan for Pension Reform 145

Chapter 10: Steering the Titanic 157

Endnotes 177

Index 199

About the Author

Bill Tufts has been helping companies with their employee pension plans for 15 years and is one of Canada's leading experts on public sector pension reform. He speaks regularly on pension matters and has consulted for the Canadian Federation of Independent Business and the Canadian Taxpayers Federation. He was a participant of the Ontario Government Round Table on Retirement Security and testified at the House of Commons Standing Committee on Human Resources. Bill is regularly interviewed by the Globe and Mail, CBC, Toronto Star, Hamilton Spectator, Montreal Gazette and the Wall Street Journal. Lee Fairbanks began his writing career with the Globe and Mail, first achieving notoriety by exposing the source of the bullets that killed Canadian peacekeepers in Cyprus in 1974. In 1980 he received the Walter Brebner Award for Best Editorial in Ontario as Editor of the Milton Tribune, for an editorial about ethics in journalism. He is an award-winning playwright and the author of seven plays and Keep Canada Slim, a book on healthy weight loss.

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