Retirement Income Security – For Young & Old

New Brunswick is the latest province to introduce legislation allowing for the creation of Pooled Registered Pension Plans (PRPP). Known as the Pooled Registered Pension Plan Act and introduced Nov. 14, New Brunswick would “join other provinces … in enacting legislation similar to the Federal Act bearing the same name...

Legislation has been introduced in the American Congress that if passed will protect the pension income of working and retired Teamsters. The bill “aims to help more than 30,000 Michigan current and retired Teamsters union members avoid pension cuts related to the distressed Central State Pension Plan,” writes Melissa...

Public pension plans in the United States have a long and successful track record at maintaining the pension promise according to a new study by the National Conference on Public Employee Retirement Systems (NCPERS), writes Rob Kozlowski fop Pensions & Investments. As such, attempts to close or freeze plans that are...

The pension promise made to thousands of Ohioans is in peril if the U.S. Congress “doesn’t act soon,” Senator Sherrod Brown (D-OH) writes for the Circleville Herald. “It’s bad enough that Wall Street squandered workers’ money – and it’s worse that the government that’s supposed to look out for these folks is...

Despite ongoing pessimism in some quarters over the stability of the Canada Pension Plan (CPP), it remains on solid footing for current and future retirees, writes Jonathan Chevreau for the Financial Post. A “whopping 64 per cent believe either that CPP will be out of money by the time they retire, or don’t know...

ARIA Pensions Blog, Email: sitemanager@ariapensions.ca, 12 Dunlop Street East, Barrie, Ontario, Canada, L4M 1A3

In a bid to entice younger Spaniards to save more for retirement, the government is introducing new rules writes Maria Tadeo for Bloomberg Markets. The new rules are designed to encourage younger people to invest in private pension plans, and include reducing management fees and allowing savers to withdraw funds after...