MR. SPEAKER:
Further petitions?
The hon. the Leader of the
Opposition.
MS JONES:
Thank you, Mr. Speaker.
I stand today to present another
petition on behalf of the public sector pensioners in
this Province. I presented a petition last week, I
think, with over 9,000 signatures on it, and, of course,
there are other petitions that have been coming in as
well.
Mr. Speaker, I just wanted to read
the prayer of the petition into the record for the House
of Assembly:
The petition of the undersigned
residents of the Province of Newfoundland and Labrador
humbly sheweth:
WHEREAS
provincial public sector pensioners in the Province of
Newfoundland and Labrador contributed to a pension fund
during their employment years; and
WHEREAS
the provincial government was and continues to be the
trustee of the pension fund; and
WHEREAS
prior to 1989, government, from time to time, provided
for increases in pension payments to enable pensioners
to keep up with the cost of living; and
WHEREAS
workers who retired in the 1990s have reduced pensions
due to government financial restraints at the time; and
WHEREAS
current pensioners have not received a fair and
equitable pension increase for twenty-one years and are
falling behind the cost of living;
WHEREUPON
the undersigned, your petitioners, humbly pray and call
upon the House of Assembly to urge government to provide
pension increases that will allow former provincial
government employees to live in dignity after their
years of contribution to the development of the
Province.
Mr. Speaker, one of the issues
here that they have is in the 1990s, when this Province
was under tremendous financial restraint, there were
times when the government could not contribute to the
Public Service Pension Plan. That happened consecutively
for two or three years. As a result of those premiums
not being paid in at that time, these pensioners feel
that their income dropped below the levels that it
should have been. They are asking government to review
that period of time, to look at what their contributions
would have been and to make the appropriate
contributions now because we are in a fiscal position to
be able to do that.
You have to realize, Mr. Speaker,
back in 1990s that was before the days of the oil and
gas industry. It was before the days when we were
generating huge profits in the mining industry. It was a
result of deals that were done by Liberal governments at
the time, the development of the offshore oil industry,
the deals that were secured around White Rose, Terra
Nova, and Hibernia. It was deals like the Voisey’s Bay
nickel deal, Mr. Speaker, and the changes in the Mineral
Resources Act that allowed for greater contributions in
mining for the Province. It was all of those things that
were done by Liberal Administrations which have
contributed to growth in the Province today.
The government opposite, Mr.
Speaker, came into power in 2003; it was like winning
the jackpot. It was like winning the jackpot because
within twenty-four months, Mr. Speaker, all of these
revenues from these previous deals by Liberal
governments started to flow. There was the ability then
to start righting some of the wrongs of the past-
MR. SPEAKER:
Order, please!
I remind the hon. member that her
time for speaking has expired.
MS JONES:
Thank you, Mr. Speaker.