News

Solvency Information Return

Has your pension plan submitted its Solvency Information Return to OSFI in Canada? This is required for all defined benefit or combination-type pension plans in Canada registered under the Pension Benefits Standards Act, 1985. This filing provides OSFI with...

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US State Pension Shortfalls Get Worse

A new report from the PEW Charitable Trust shows that funding for public sector retirement plans in states across the US is getting worse, a situation which has been compounded by weak investment returns in 2015. New Jersey, for example, has only set aside 38% of what...

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Gold-Plated MP Pensions?

Now that Stephen Harper has retired, the Canadian Taxpayer Federation calculates that he will receive approximately $5.5 million in pension payments if he lives to age 90 (he is currently 58). Jason Kenney, who is currently 49, will receive around $6.3 million to age...

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