Pension Plans

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 contemporary workplace demands strategic human resource (HR) practices that balance operational necessity with employee wellbeing. As organizations grapple with the challenges of talent management, workforce satisfaction, and equitable compensation, the role of retirement benefits and their

The Alberta government's reluctance to publish data from a public survey on a potential Alberta-specific pension plan has sparked concerns and heated debates. The situation shines a light on the tug-of-war between the public's right to obtain information and the government's practice

Balancing Stakeholder Interests and Financial Prudence Pension Increase Versus Economic Constraints BP has faced a challenging decision concerning its pensioners' welfare amidst increasing living costs. The pension fund trustees proposed an additional two percent rise for retirees,