Pensions and Retirement Security | National Union of Public and General Employees

Pensions and Retirement Security

October 18, 2010

Ontario Court of Appeal upheld that the government had the legal authority to take the surplus when it passed Bill C-78 in 2000.

October 13, 2010

Decision fails to set an absolute precedent as the court rules future legal actions of this kind should be treated on a case-by-case basis.

September 28, 2010

Increasing percentage of mutual fund voting power is being exercised to vote against management

September 28, 2010

"It is time to fix the problems of workplace pension plans for Canadians."

Toronto (27 September 2010) – The joint federal-provincial pension reform process is not moving fast enough slowly and should include a national forum of regulators and stakeholders, according to a study released last week from the C.D. Howe Institute in Toronto.

September 9, 2010

This marks four consecutive quarters of growth in pension fund assets

September 2, 2010

“Ontario teachers support the fight for public water services in the province and teach their students about the urgent need to support the right to water around the world.”

August 18, 2010

"The BP oil crisis has highlighted the significant financial risks presented by deepwater drilling and, as a fiduciary, we must be concerned about the possibility of future accidents and try to find ways to mitigate these risks."

August 18, 2010

For the five-year period ended June 30, 2010, the CPP Fund has generated an annualized investment rate of return of 3 percent; for the 10-year period the Fund has generated an annualized rate of return of 5.1 percent.

August 17, 2010

If a university with the agreement of unions representing the employees, can reform its pension plan, the government will allow it to amortize its solvency deficits over a period of up to 10 years.

July 26, 2010

Households in the age group 70 and over whose income was ranked in the bottom 20 percent, home ownership raised incomes, on average, by 20 percent.