public service pension plan – Benefits Canada.com https://www.benefitscanada.com Canada's most influential pension and benefits publication for decision-makers Wed, 01 May 2024 19:25:54 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 73% of OPB plan members want ESG considerations included in investment decisions: survey https://www.benefitscanada.com/canadian-investment-review/research-markets/73-of-opb-plan-members-want-esg-considerations-included-in-investment-decisions-survey/ Thu, 25 Apr 2024 13:00:08 +0000 https://www.benefitscanada.com/?p=154515 Roughly seven in 10 (73 per cent) Ontario Pension Board plan members believe environmental, social and governance factors should play a critical role in the plan’s investment considerations, according to a new survey included in the investment organization’s inaugural ESG report. The survey, which polled roughly 10,000 plan members, found nearly two-fifths (39 per cent) of […]

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]]> Federal public sector pension indexation rate set at 4.8% for 2024 https://www.benefitscanada.com/pensions/retirement/federal-public-sector-pension-indexation-rate-set-at-4-8-for-2024/ Thu, 30 Nov 2023 16:00:12 +0000 https://www.benefitscanada.com/?p=147987 The pension indexation rate for federal public sector pensions will be 4.8 per cent in 2024, according to the National Association of Federal Retirees. The rate, which is set by the Treasury Board Secretariat in accordance with the Public Service Superannuation Act and the Supplementary Retirement Benefits Act, is a decrease from last year’s indexation […]

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]]> Pension spending contributed more than $4.4BN to Alberta’s GDP in 2021: report https://www.benefitscanada.com/pensions/defined-benefit-pensions/pension-spending-contributed-more-than-4-4bn-to-albertas-gdp-in-2021-report/ Thu, 11 Aug 2022 13:00:14 +0000 https://www.benefitscanada.com/?p=125463 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 […]

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]]> Alberta Teachers’ Association files legal challenge to pension order https://www.benefitscanada.com/news/bencan/alberta-teachers-association-files-legal-challenge-to-pension-order/ Fri, 19 Mar 2021 05:00:32 +0000 https://www.benefitscanada.com/?p=96813 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’ […]

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]]> OPB Reports 97% Funded Status https://www.benefitscanada.com/canadian-investment-review/cir-news/opb-reports-97-funded-status/ https://www.benefitscanada.com/canadian-investment-review/cir-news/opb-reports-97-funded-status/#respond Thu, 23 Mar 2017 09:11:25 +0000 https://cumulus.benefitscanada.com/uncategorized/opb-reports-97-funded-status/ Plan posts an increase of nearly two percentage points compared to last year’s return.

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