Pension Financial Results – News on Your Pension Sustainability

(May 6, 2015) If an Ontario employer wants to take a contribution holiday from its pension obligations, it will have to meet criteria being proposed, reports Benefits and Pensions Monitor. “To start, the documents creating and supporting the pension plan and fund cannot prohibit the contribution holiday. As well,...

(May 5, 2014) Corporate pension plans in the United States grew by 2.9 per cent in April, bringing the average funded status to more than 90 per cent, according to the BNY Mellon Investment Strategy and Solutions Group (ISSG). The typical corporate plan saw growth of .7 per cent, and a 2.6 per cent drop in...

(May 5, 2015) A new report from the National Conference on Public Employee Retirement Systems (NCPERS) connects reforms that diminish occupational pension plans to income inequality and hindered economic growth. “Income inequality matters because when the rungs of the economic ladder are too far apart, fewer...

(May 4, 2015) In another stark reminder about the lack of adequate retirement income that is troubling so many Canadians, a new report reveals that seniors have the biggest debt load among people declaring bankruptcy, writes Janet McFarland for the Globe and Mail. That includes “the largest balance of unpaid payday...

(April 30, 2015) Infrastructure and investment from large pension funds is increasingly seen to be a good fit. However, writes Yaldaz Sadakova for Benefits Canada, smaller plans can get in on the action as well. “Infrastructure can be a good asset class for those looking to step between equities and bonds,” Todd...

(April 29, 2015) If you are a Canadians startup, chances are you’ve heard of OMERS Ventures, writes Scott Deveau and Gerrit De Vynck for Bloomberg News. OMERS Venture, the investment arm of the Ontario Municipal Employees Retirement System, has in just four years, write the authors, “helped revive Canada’s...

(April 28, 2015) A report from the Employee Benefit Research Institute (EBRI) shows the dire economic straights of elderly Americans, reports Benefits and Pensions Monitor. The report, A Look at the End-of-Life Financial Situation in America, shows that among Americans who died at ages 85 and older, “20.6 per cent...