The Public Service Superannuation Plan is reporting a one-year investment return of 7.03 per cent, which pushed its net investment income to $562 million during the fiscal year ending March 31, 2025. The investment performance beat the actuarial assumed rate of return of 6.50 per cent but didn’t clear its policy benchmark’s return of 9.21 […]
Nova Scotia’s Public Service Superannuation Plan reported a 98.5 per cent funded status as of Dec. 31, 2019 and said it will halt cost-of-living adjustments for retirees for the next five years. According to the plan’s 2020 funded health review, its funding policy prohibits indexing when the PSSP’s funded status is below 100 per cent. […]