Unions lose pension surplus case

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CANADA - Unions representing public servants, military and Royal Canadian Mounted Police (RCMP) personnel have lost a claim for the C$46bn (US$46.5bn) surplus generated in their pension plans.

Justice de Lotbiniere Panet ruled against members of the Public Service, Canadian Forces and the RCMP superannuation plans yesterday, in a case which has been battled in the courts since 1999. T...

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