Alberta Premier Ralph Klein announced that his government was scrapping the controversial pension plan for members of the legislature. The plan provided former cabinet ministers benefits of up to 83 thousand dollars a year, the richest in Canada. Those elected before 1989 would still get pensions, but they would be about 25 per cent lower than expected. Those elected in 1989 and after would have their contributions refunded and wouldn't receive a pension.

Date: 1993-04-30
Placeline: EDMONTON, Alberta.
Source: The Canadian Press
Length: 23 seconds

Transcript Prediction: << the caucus has decided that the MLA pension plan will be scrapped it will be strapped effect of the next election the plan will not be replaced it will end there will be no alternate to the plan including no rrsp and there will be no government matching contributions we are out of it >>

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