Home Yaelle Gang & Glenn Kauth

The situation for the City of Saint John’s pension plan didn’t look very good when it converted to a shared-risk arrangement at the beginning of 2013. According to its financial statements for Dec. 31, 2012, the plan had an unfunded liability of about $195 million on a going-concern basis and a solvency shortfall of $384 […]

  • November 15, 2016 September 13, 2019
  • 08:56