Public service pension plan posts $1.9B surplus
The federal public service pension plan has a surplus of $1.9 billion, according to a report presented to the House of ...
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Canadian government to transfer $1.3 billion surplus from Public Service Pension Fund
The public service pension plan is healthy and currently in a surplus position,” said Anita Anand, president of the Treasury ...
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Public servants could lose big as feds redirect $2B pension surplus, union warns
Canada’s largest federal public sector union says a government plan to redirect almost $2 billion in surplus funds from the ...
Washington Teachers Get Pension Plan Suit Revived on Appeal
A class action by Washington public school teachers, seeking interest on funds in their retirement accounts when they were ...
Kodak Considering Terminating $3.5 Billion Pension Plan: Report
Eastman Kodak has begun taking steps to end its $3.5 billion pension plan, agreeing to sell private-equity and other illiquid ...
Pension spikes will cost Oregon public employers $1.8B in the next biennium: ‘It will be more intense before it gets less’
Schools and other public employers face major pension cost increases in July. Portland Public Schools will see its required ...
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Statement by Minister Anand on intention to address a surplus in the public service pension fund
OTTAWA, ON, Nov. 25, 2024 /CNW/ - The Honourable Anita Anand, President of the Treasury Board, made the following statement today: "The Government of Canada is committed to providing federal ...
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86% of Americans say all workers should have a pension, not just public workers
The firm said the move is part of its long-term plan to transition ... retain employees for a public service career. Typically, public employees contribute to their pension benefits each pay ...