Defined Benefit’s Retirement Value

Cases for the value of defined benefit.

Despite their political differences and loyalties, Americans remain united when it comes to one key concern: the provision of adequate retirement income. That’s the conclusion of a study by the National Institute on Retirement Security (NIRS), authored by Diane Oakley and Kelly Kenneally. The report, Retirement...

When Louis Malfaro, president of the Texas American Federation of Teachers (AFT), ponders a future without access to adequate retirement income, it’s not a promising picture he imagines. “If you wind the clock back 75 years, the majority of old people lived in poverty. That’s what we are going to head back to...

While the looming crisis of inadequate retirement income threatens to increase senior poverty across society, women, particularly single women, are among the most vulnerable according to a new report from the Healthcare of Ontario Pension Plan (HOOPP). In the second part of a series of articles to “deepen the...

When it comes to taking advice, who better to get it from than someone who has walked the path you are about to embark upon? The first step in a new journey, from parenthood to retirement, is made easier if you gain a better understanding of what to expect and how to prepare. For workers contemplating retirement, the...

Gavin Power, deputy director of the United Nation’s Global Compact, has a picture on his office wall marking the launch of the Principles for Responsible Investing (PRI) initiative, and Canadian pension funds were leaders in its formation, he says. The initiative was launched in April 2006 and the photo from the...

Recycling boxes of different hues are ubiquitous across Canada, but they didn’t arrive overnight. Rather, their use evolved as residents became more attuned to environmental sensibilities. Much the same can be said about the ‘green’ evolution of office development in urban centres, reaching the point where...

With a successful merger in the books, the Colleges of Applied Arts and Technology (CAAT) pension plan is eager to begin a new chapter in its provision of adequate retirement income. The introduction of the Royal Ontario Museum (ROM) pension plan into the CAAT fund received provincial approval last December, from the...