Global Pension News

(Aug. 17, 2015) The court challenge retired New Brunswick civil servants launched to overturn unilateral changes to their pensions is going ahead, reports CBC News. The retirees, under the umbrella of the Pension Coalition NB, began the court action when the previous government changed the terms of their pensions,...

(Aug. 14, 2015) The Hamilton Spectator, in a piece written by Howard Elliot, poses a question for “people opposed to the Ontario’s government’s pledge to start a provincial pension plan to supplement the Canadian Pension Plan.” “If the provincial pension plan is wrong, what is right?” The Canada Pension Plan (CPP)...

(Aug. 12, 2015) If there is such a thing as good debt, and economists will tell you there is, then Canadians are gathering more of it, writes Kiran Rana for the Globe and Mail. A new report suggests that while their overall individual debt load rose to about $93,000 from just more than $76 ,000 the previous year, the...

(Aug. 11, 2015) A new paper traces the impact of moving from DB to a hybrid plan or a DC option, showing that one of the results is lower direct participation rates, reports AFSCME Information Highway. The paper, Lessons for Public Pensions from Utah’s Move to Pension Choices, follows the impact of moving away from...

(Aug. 6, 2015) The Globe and Mail is publishing excerpts from a new book by Moshe A. Milevsky and Alexandra C. Macqueen which reviews the retirement systems of various countries, and details how effective they are at providing pension coverage, and also looking at issues such as inflation. The book, Pensionize Your...

(Aug. 5, 2015) In a new book, authors Moshe A. Milevsky and Alexandra C. MacQueen review the retirement systems of various countries, and how effective they are at providing pension coverage, reports the Globe and Mail, publishing an excerpt from the book. The book, Pensionize Your Nest Egg: How to Use Product...

(Aug. 5, 2015) Retirement expert Teresa Ghilarducci continues to advocate for greater retirement income security, even in the face of opposition that includes hate mail, writes Carla Fried for Bloomberg Business. The economics professor at the New School for Social Research has developed a plan that calls for...