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Copyright_millenius_123RF

Pension spending alone supported more than 41,000 jobs across Alberta and contributed more than $4.4 billion to the province’s gross domestic product in 2021, according to a new report by the Canadian Centre for Economic Analysis. This is equivalent to $14.40 of GDP for every $10 of retirement benefit payments received in 2021. The report […]

Copyright_Mikhail Tsikhanovich _123RF

The Alberta Teachers’ Association is taking legal action against the recent ministerial order enacted on several of the province’s pension plans, including the Alberta Teachers’ Retirement Fund. In documents submitted to court on March 10, the association argues the terms and conditions imposed in Finance Minister Travis Toews’ order are inconsistent with the province’s Teachers’ […]

  • By: Staff
  • March 19, 2021 March 19, 2021
  • 09:00
OPB Reports 97% Funded Status

Plan posts an increase of nearly two percentage points compared to last year’s return.