Private, public funds alike must evolve or face extinction

2014-02-10T22:11:56-08:00February 10th, 2014|Categories: Pension Reform|Tags: , , |

Enormous, unfunded public pension liabilities are a ticking financial time bomb for Canadian governments and taxpayers. But even where the pensions of public- and private-sector workers are backed up by invested assets, how solid is that funding base compared with retiree obligations? A video co-produced last year by Cormana Group and the Ontario Teachers’ Pension Plan, Pension Plan Evolution, delves into this question. The $117-billion Teachers plan is considered one of Canada’s best-run, with an average annual return of 10 [...]