Public service pension plan posts $1.9B surplus
The federal public service pension plan has a surplus of $1.9 billion, according to a report presented to the House of ...
Pensions&Investments7h
Canadian government to transfer $1.3 billion surplus from Public Service Pension Fund
The public service pension plan is healthy and currently in a surplus position,” said Anita Anand, president of the Treasury ...
Ottawa Citizen on MSN1d
Public servants could lose big as feds redirect $2B pension surplus, union warns
Canada’s largest federal public sector union says a government plan to redirect almost $2 billion in surplus funds from the ...
Yahoo Finance2d
Statement by Minister Anand on intention to address a surplus in the public service pension fund
As a result of sound investments, the public service pension plan is healthy and currently in a surplus position. Like all registered pension plans in Canada, under the Income Tax Act the public ...
Washington Teachers Get Pension Plan Suit Revived on Appeal
A class action by Washington public school teachers, seeking interest on funds in their retirement accounts when they were ...
Kodak Considering Terminating $3.5 Billion Pension Plan: Report
Eastman Kodak has begun taking steps to end its $3.5 billion pension plan, agreeing to sell private-equity and other illiquid ...
Senate has 6 weeks to vote to lift Social Security for public workers. Will it?
Public sector workers are anxiously waiting to see if the Senate will vote to finally eliminate provisions that cut their ...
Lawmakers confront costly choices as state workers rally for better pension benefits
Two bills before Illinois lawmakers would address a disparity in pension benefits for state workers hired since a 2011 law ...
Pension spikes will cost Oregon public employers $1.8B in the next biennium: ‘It will be more intense before it gets less’
Schools and other public employers face major pension cost increases in July. Portland Public Schools will see its required ...
National Observer5dOpinion
Do you trust Danielle Smith with your pension?
He's baaaaaack. Former Prime Minister Stephen Harper is now the chairman of Alberta's Investment Management Corporation. Next ...
Canada to Transfer C$1.9 Billion From Public-Sector Pension to Treasury
The total being transferred is 1.9 billion Canadian dollars, or the equivalent of US$1.4 billion. The Liberal government said it has yet to decide how the C$1.9 billion would be used.