The Canada Post pension plan earned a 14.3% return in 2006, helping the plan to return to a fully funded solvency position.

The returns exceeded the benchmark return of 13.1%, representing the blended return of various Canadian, U.S. and international stock and bond market indices weighed in accordance with its asset mix target.

At the end of last year, the plan held total assets of $14.35 billion, compared with $12.13 billion in 2005.

The plan provides benefits to more than 74,000 active members, retired members, deferred pensioners and beneficiaries.

To comment on this story email craig.sebastiano@rci.rogers.com.

Copyright © 2019 Transcontinental Media G.P. Originally published on benefitscanada.com

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