Pension Investments

Stelco’s plan to issuye an initial public offering (IPO) is being greeted with cautious optimism by United Steelworkers (USW) officials hopeful that investment will be good for benefit and pension plans. “We always support investments that expand and upgrade our manufacturing facilities and that preserve and create...

Teachers in the Kentucky education system and the state’s pension funds gathered at a town hall wearing badges that said “A Pension is A Promise,” writes Valarie Honeycutt Spears for the Lexington Herald Leader. About 200 teachers, members off the Fayette County Education Association, “asked state lawmakers to protect...

The question of an official retirement age is one that crosses borders as societies grapple with issues of increased longevity and a wave of boomers crossing the retirement threshold. In Switzerland voters cast their ballot on whether or not to raise the official retirement age for women to 65, rejecting it by a 53-47...

The government of France has appointed Jean-Paul Delevoye to the position of high commissioner for pension reform in accordance with its commitment to reform the country’s pension system, writes Susanna Rust for Investment & Pensions Europe. The commissioner will be responsible for organizing “consultations with...

A request by Kentucky retirees for the Kentucky Retirement System Board of Trustees to pass a resolution supporting the contractural rights of retirees to benefits was referred for a legal review, writes Ronnie Ellis Cnhi for the Glasgow Daily Times. The president of the Kentucky Government Retirees’ group, Jim...

Pooling of liabilities could help corporate defined benefit pension plans not only survive, but also thrive according to a retired human resources executive, writes Rick Baert for Pensions & Investments. At the Association of Canadian Pension Management (ACPM) national conference in Banff this week, Peter Edwards,...

The Canada Pension Plan Investment Board (CPPIB) has sold its 50 per cent stake in Constitution Square, an Ottawa office property. The board made the sale to Greystone and Canderel, “with the acquisition led by Canstone Realty Advisors. Net proceeds to CPPIB from the sale were approximately $240 million before closing...