discount rate – Benefits Canada.com

Nova Scotia’s PSSP sees 15.75% return: annual report

Gideon Scanlon — Wed, 30 Jun 2021 19:00:10 +0000

Nova Scotia’s Public Service Superannuation Plan saw a 15.75 per cent return net of investment fees for the fiscal year 2020/21, generating $1 billion in total investment income. The plan’s funded status increased to 97.9 per cent at March 31, 2021, from 91.4 per cent the previous year. Its total net assets were about $7.2 […]

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A look at the practical challenges of meeting target allocations in private markets

mschmit — Fri, 20 Mar 2020 07:26:50 +0000

When it comes to private markets, implementing target allocations is easier said than done. At the Canadian Investment Review’s Plan Sponsor Exchange conference in February, a panel featuring Julie Cays, chief investment officer at the Colleges of Applied Arts and Technology pension plan; Sean Hewitt, chief executive officer at the Toronto Transit Commission Pension Fund […]

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CAAT sees slight dip in funded status, lowers discount rate

mschmit — Thu, 12 Mar 2020 03:06:39 +0000

The Colleges of Applied Arts and Technology pension plan’s funding status dipped slightly in 2019, to 118 per cent on a going-concern basis from 120 per cent in 2018. In its latest actuarial valuation report, the CAAT attributed the solid status to excellent investment returns over the past 10 years, as well as its membership […]

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CAAT funding status reaches 120%

mschmit — Mon, 11 Mar 2019 06:16:32 +0000

The Colleges of Applied Arts and Technology pension plan has reached a going-concern funding status of 120 per cent as of Jan. 1, 2019, up from 118 per cent last year. Along with the increased funded status, the plan’s funding reserve rose from $2.3 billion to $2.6 billion. The CAAT’s funding policy includes six funding […]

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Discount rates used by public pensions too high: report

mschmit — Fri, 01 Feb 2019 11:57:52 +0000

The high discount rates used by many Canadian public-sector pension plans increase the risk they won’t have enough funds to meet future obligations, according to new research by the C.D. Howe Institute “Employers and employees have an incentive to keep the discount rate high in order to reduce the contributions they pay today,” said Constance Smith, co-author […]

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Feds seek to shake up discount rates

mschmit — Thu, 26 Oct 2017 04:24:10 +0000

Feds to review discount rates for pension, benefits obligations

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Get Ready for a 0% Discount Rate

mschmit — Mon, 26 Sep 2011 05:57:18 +0000

Plan sponsors should prepare for Japanese scenario.

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