The Canadian federal government has proposed the '25-and-out' pension plan, which aims to revolutionize retirement for frontline public safety and law enforcement workers. Allowing these workers to retire with full benefits after just 25 years of service, this legislation seeks to address
Amid financial market volatility, Canadian pension plans have managed to achieve modest gains, buoyed by the resilience of private asset classes. BNY Canadian Asset Strategy View reported a 1.14 percent median return for the plans in the second quarter of 2024. Despite geopolitical tensions and
The fiscal year ending June 30, 2024, turned out to be highly successful for New York City's five public pension systems. These systems, managed by the NYC Comptroller's Office through the Bureau of Asset Management (BAM), delivered a robust 10.0% return, net of fees, surpassing their 7%
RBC Investor Services (RBCIS) recently released a report detailing the performance of defined benefit (DB) pension plans for the second quarter of 2024. The report reveals a positive median return of 1.1 percent, despite a highly unpredictable market. Furthermore, a cumulative return of 4.4 percent
The Government of Saskatchewan has embarked on a multifaceted strategy to enhance its health human resource (HHR) capacity, focusing on bolstering healthcare services across the province. This initiative targets rural, remote, and regional areas that often face critical healthcare staffing
The UK is experiencing unprecedented heatwaves, with temperatures soaring up to 32°C in certain regions. Such extreme conditions raise significant concerns about employee health and safety, sparking a debate among HR departments on whether remote work should be permitted during these hot spells.
