'Poor equity performance in the fourth quarter took its toll on plans’ funded status'
Pensions and Retirement Security
City will invite pension fund investors to consider investing in the revitalization of Toronto’s historic Union Station
Top 100 executives paid $8.5 million compared to average worker's salary of $38,998
Ottawa (3 Jan. 2008) At 10:33 a.m. on New Year's Day, top Canadian chief executive officers (CEOs) had already "earned" more money than the average Canadian worker will make in all of 2008.
How Much Pension Will an Individual Need?
Business lobby group's 'research' on pensions laced with misleading information and false claims
Canadian Centre for Policy Alternatives shines a spotlight on obscene corporate salaries
The highlight of the agreement on pensions is a commitment to establish joint trusteeship of the Public Service Pension Plan.
PEI deputy ministers will no longer receive benefits for two pension years for every one year of work, but government wants to increase base pay by $50,000.
"The real story is that government has reduced the benefits of over 13,000 pension holders by up to 29 per cent and is saving half a billion dollars. It’s not fair or accurate to then blame the current deficit solely on the public pension.” — Debbie Bovyer, PEIUPSE President.
Proposed Robin Hood Tax rate is very low but would raise between $10 and $12 billion per year for Illinois.