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 ...
The Hill Times9d
Billions from public-service pension plan surplus gives Liberals many options
The government could use the extra dollars to cut the deficit, sweeten departures, improve pensions, or take a contribution ...
Pensions&Investments3d
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 ...
Ottawa Citizen on MSN4d
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 ...
Government Raids Workers' Pension Plan Despite $32 Billion Surplus
The Professional Institute of the Public Service of Canada (PIPSC) strongly opposes the government's decision to transfer $1.9 billion which exceeds the allowable surplus from the Public Service ...
Ottawa could reap $9-billion from surpluses in public-service pension fund, projections show
Public Service Alliance of Canada releases figures after Treasury Board President Anita Anand upset major unions this week by announcing that a $1.9-billion surplus from previous fiscal year will be s ...
Yahoo Finance5d
Statement by Minister Anand on intention to address a surplus in the public service pension fund
As a result of sound investments, the public service pension plan is healthy and currently in a surplus position. Like all registered pension plans in Canada, under the Income Tax Act the public ...
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 ...
QuickCheck: Is there a pension scheme for civil servants starting 2025?
A message has gone viral on WhatsApp and Telegram, which states that all new staff members under the Employees Provident Fund ...
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 ...
Canada to Transfer C$1.9 Billion From Public-Sector Pension to Treasury
The total being transferred is 1.9 billion Canadian dollars, or the equivalent of US$1.4 billion. The Liberal government said it has yet to decide how the C$1.9 billion would be used.