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 ...
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 ...
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 ...
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.
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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 ...