Videos

“Today, it’s about one out of six, and it’s getting worse by the month. We have a huge retirement-gap problem in America. I once referred to it as the most under-reported crisis confronting America today: the lack of retirement security for so many people.” Sen. Tom HarkinPerspective is valuable in...

Perspective is valuable in figuring out how things turned out the way they did. And when it comes to the retirement crisis facing the United States and other countries, Tom Harkin’s views on the subject are well formed. When he went to Washington DC as a rookie Congressman in the mid-70s, representing Iowa’s...

Value of a Defined Benefit Pension Plan

We still maintain one of the lowest contribution rates of any of the major plans, and we have left our contribution rates unchanged since 2004.” – Jim Keohane  With a 5.12 per cent return on investments for the year ending Dec. 31, 2015, the Healthcare of Ontario Pension Plan (HOOPP) announced a funded position of 122...

“We know that DB pensions do reduce turnover substantially. School districts benefit from that because it means they aren’t spending resources recruiting and retraining as they otherwise might be, and students benefit because you have teachers sticking around and there is more continuity.” – Nari RheeAdvocates for...