Barry Gros – We Need to Align Regulation and Management of Target-Benefit Pension Plans
From: Barry Gros To: Canada’s Pension Regulators Date: March 23, 2022 Re: We Need to Align Regulation and Management of Target-Benefit Pension Plans How should Canada regulate a target payment that is not guaranteed? This question is seldom asked, let alone answered, when it comes to setting standards for regulating target-benefit pension plans (TBPs.) Managing risk under target-benefit plans […] The Challenges Facing Target-Benefit Plans: Changes Are Needed to Provincial Pension Standards
Target-Benefit Pension Rules Totally Disconnected from Plans, Regulatory Hurdles Stifle Success Target-Benefit Plans (TBPs) are being hampered by a disconnect between how they are regulated and how they are managed, states a new study from the C.D. Howe Institute. In “The Challenges Facing Target-Benefit Plans: Changes Are Needed to Provincial Pension Standards,” author Barry […] Bob Baldwin – Learning From Cpp Valuation Reports
From: Bob Baldwin To: Canada’s pension regulators Date: March 2, 2021 Re: Learning from CPP Valuation Reports When it comes to Canada’s retirement income system, the Canada Pension Plan is the elephant in the room. At the provincial and federal level, debates are active on issues such as the adequacy of CPP benefits, the eligibility age for CPP retirement […] James Pierlot – Ontario’s Pension Benefits Guarantee Fund: A Practical Way Forward
From: James Pierlot To: Ontario Ministry of Finance Date: February 11, 2021 Re: Ontario’s Pension Benefits Guarantee Fund: A Practical Way Forward The only sub-national pension guarantee fund in the world, Ontario’s Pension Benefits Guarantee Fund (PBGF) has survived 40 years, providing a limited guarantee for Ontario members of some underfunded defined benefit […] Alexandre Laurin – Is The Canada Pension Plan In A Net Asset Position? No, And It’s Not Supposed To Be
From: Alexandre Laurin To: Canadian Pension Watchers Date: December 17, 2020 Re: Is the Canada Pension Plan in a Net Asset Position? No, and it’s Not Supposed to Be Analysts often report that the Canada Pension Plan (CPP), and its parallel Quebec Pension Plan (QPP), are in a substantial “net asset” position. Canadians did accumulate […] Sources of Comfort and Chills: What We Can Learn from CPP Valuation Reports
Uncertainties Loom for Canada Pension Plan Uncertainties lie ahead for the Canada Pension Plan that could lead to higher contribution rates or lower benefits. Author Bob Baldwin looks at Canada Pension Plan (CPP) valuation reports and explores the financial sustainability of the CPP under various risk scenarios. “I have deep-seated concerns that the risks involved […] Miville Tremblay – L’infrastructure N’est Pas Simple, Mais Les Régimes De Retraite Peuvent Aider
De la part de: Miville Tremblay A l’attention de: Observateurs d’infrastructure Date: 4 décembre, 2020 Subject: L’infrastructure n’est pas simple, mais les régimes de retraite peuvent aider Je ne cherche pas à vous vendre le pont Samuel-De Champlain, croyez-moi! Seulement à vous convaincre qu’il est opportun de considérer le financement des infrastructures publiques par les caisses de retraite, […] Les caisses de retraite reluquent nos infrastructures – La Presse Opinion
Je ne cherche pas à vous vendre le pont Samuel-De Champlain, croyez-moi ! Seulement à vous convaincre qu’il est opportun de considérer le financement des infrastructures publiques par les caisses de retraite, qui ont besoin de ces actifs pour assurer le paiement de nos rentes.
Il y a quelques jours, Mark Machin, le patron d’Investissements RPC, qui gère les 457 milliards de dollars du Régime de pension du Canada, le grand frère du Régime des rentes du Québec, lui géré par la Caisse de dépôt, a suggéré que les gouvernements à court d’argent devraient vendre les aéroports, les routes à péage, les sociétés de services public et autres infrastructures publiques.
« Il y a tellement de capital qui court…
Barry Gros – Is It Too Late To Change The Conversation On Target Benefit Plans?
From: Barry Gros To: Canada’s pension regulators Date: November 5, 2020 Re: Is it too late to change the conversation on target benefit plans? Why is it that when I’m in conversations about the viability of target benefit (TB) pension plans I keep hearing that “contribution adequacy” or “contribution sufficiency” seems to be the primary concern? I’ve been following […] Plaidoyer Pour Une Deuxième Caisse De Dépôt – La Presse Opinion
Les Québécois ont raison d’être fiers de leur Caisse de dépôt et placement, qui gère avec efficience les avoirs de leur Régime de rentes et ceux des fonds de pension de presque tous les employés du secteur public. Malheureusement, les employés des municipalités et des universités n’ont pas cette chance.
Je connais un grand nombre de gestionnaires de régimes de retraite des villes et des universités et je sais que ce sont des gens dévoués et compétents. Toutefois, leurs caisses étant plus petites, ils n’ont pas accès aux mêmes ressources, aux mêmes occasions de placement et doivent assumer des coûts plus élevés, qui pénalisent tant leurs participants que leurs employeurs et, en fin de compte, les contribuables.
La Caisse…
Robert Siddall – Accounting Standards Need To Keep Pace With The Evolution Of Public Sector Pension Plans
From: Robert Siddall To: Canadian Public Finance Officials Date: July 29, 2020 Re: Accounting Standards Need to Keep Pace with the Evolution of Public Sector Pension Plans One of the things I like most about accounting standards is their need to continuously evolve to remain relevant to users of financial information and to accurately reflect […] Gaps, Quirks and Fixes: Accounting for Broader Public-Sector Pension Plans in Canada
July 16, 2020 – How big are the obligations of pension plans covering workers in Canada’s broader public sector, and how adequate are the assets in those plans to cover their obligations? Who bears the risks if these plans run into trouble? A new report from the C.D. Howe Institute argues that taxpayers and plan […]