Pension Financial Results – News on Your Pension Sustainability

The analysis is in and the outcome is clear: Canadians want a pension and 90 per cent are willing to pay more to receive adequate retirement income, reports Benefits Canada. A new survey from the Canadian Public Pension Leadership Council (CPPLC) about Canadians’ retirement attitudes found that 46 per cent of...

American senators Rob Portman and Sherrod Brown, both from Ohio, have introduced legislation designed to protect the pensions of retired miners, reports Public Now. The senators introduced the Miners Protection Act to protect pensions from possible insolvency of the miners’ pension plan. “We must protect the...

Canada’s defined benefit pension plans saw positive growth in the year’s first quarter, lifted by global equities, reports Benefits Canada. According to RBC Investor and Treasury Services, the plans averaged growth of 2.9 per cent. “Canadian pension plan returns, led by strength in Canadian and global equities, are...

Although he once made his living in comedy, it’s a safe bet to say Sen. Al Franken of Minnesota knows that retirement security is no joke with millions of his fellow citizens not having access to adequate retirement income, while others with pensions are facing hefty cuts to their benefits. Franken, and several other...

The Colleges of Applied Arts and Technology (CAAT) Pension Plan earned an eight per cent return, net of investment fees, and had $9.4 billion in assets at the end of 2016, reports Benefits Canada. That’s down slightly from 2015’s 8.1 per cent, and the plan’s most recent actuarial evaluation at Jan. 1, 2017 puts its...

A new report from the Center of Retirement Research at Boston College looks at how an increase in retirees in the general population might impact investment returns. The brief “reviews studies by the Social Security Administration’s Retirement Research Consortium and others on the long-term effect of this...

Do pensions matter? Yes, they absolutely do, writes firefighter Steve Pieper for the Fond du Lac Reporter. “Every day, firefighters like myself put our lives in danger to serve and protect our communities. We don’t do it for the fame or for the money. We do it because we care so deeply about the communities that we...