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RSS FeedsOntario wants to pool public sector benefits, potentially saving millions
(The Star Fashion & Style)

 
 

9 october 2019 20:55:15

 
Ontario wants to pool public sector benefits, potentially saving millions
(The Star Fashion & Style)
 


The Ontario government is looking to save $115 million a year by pooling the benefits of the broader public sector by 2021. Treasury Board president Peter Bethlenfalvy is expected announce the move Wednesday — an idea he said was suggested and strongly supported during two months of consultations with public sector bargaining groups and employers earlier this year.“This is an opportunity to take advantage of economies of scale, and collaborate together to find efficiencies,” Bethlenfalvy told the Star. The province has been looking for ways to save money, and Bethlenfalvy said the idea of pooling benefits “is the one we are focusing on right now” from the consultations. It was “the one that got pretty widespread support — it was mentioned by numerous employers as an opportunity.”Further consultations to work out the specifics will be held in 2020, and the new plan, which will be voluntary, should be in place by the following year.Bethlenfalvy said some pooling exists now, but the new plan would end the current patchwork system. The new system is being targeted at the health care sector, as well as colleges and universities. “This is about finding efficiencies and collaborating through consultations, and reflecting that we listen,” he said.The move is part of the government’s focus on public sector compensation, which represents $72 billion, about one half of government spending. The Ford government has already cut $215 million a year from its payroll with more than 2,400 civil servants having taken buyouts as of last June. As well, the government has proposed legislation that would cap public sector wage increases at one per cent.In last Sunday’s deal reached with the Canadian Union of Public Employees’ school support staff, both benefits and wage increases were limited to one per cent a year over the life of the three-year contract.However, Education Minister Stephen Lecce also opened ...


 
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