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For all the fear over the U.S. trade war and President Donald Trump’s threats to Canadian sovereignty, this country’s biggest pension funds remain heavily invested in the U.S. The Canada Pension Plan (CPP), the largest pension fund in the country, announced this week that it has grown to a record …
Read More »8वें वेतन आयोग का इंतजार:क्या देरी होने से कर्मचारियों को होगा वित्तीय नुकसान? समझें एरियर भुगतान का गणित – 8th Pay Commission Central Government Employees Pensioners Salary Pension Hike Arrears Salary Faqs In Hindi
केंद्र सरकार के लाखों कर्मचारी और पेंशनभोगी वर्तमान में एक बड़े वेतन संशोधन की प्रतीक्षा कर रहे हैं। हालांकि सरकार की ओर से अभी तक 8वें वेतन आयोग को लेकर कोई आधिकारिक घोषणा नहीं की गई है, लेकिन प्रशासनिक गलियारों और कर्मचारी संगठनों के बीच इसे लेकर चर्चाएं तेज हैं,। …
Read More »Nearly half of national public pension plan is invested in U.S. — and only 12% in Canada
As a former top Finance Department official, Susan Peterson played a key role years ago in creating the stable Canada Pension Plan that we see today. But even she was surprised by the numbers. A few weeks ago, the Canada Pension Plan Investment Board (CPPIB) revealed that 12 per cent …
Read More »Indian billionaire Adani, 3 former executives of Canadian pension fund charged in fraud scheme
Indian billionaire Gautam Adani, one of Asia’s richest men, may be facing his biggest challenge yet with an indictment by U.S. prosecutors for alleged fraud and bribery. But it’s unclear just how the case will affect his businesses and own future — as well as the Indian economy and government. …
Read More »There’s a battle brewing over generational fairness as Bloc Québécois demands a pension hike
A debate over how Ottawa chooses to divide its spending among age cohorts is ramping up as the Bloc Québécois pushes the Liberal minority government to boost Old Age Security (OAS) payments. Bloc Leader Yves-François Blanchet put forward a motion Tuesday demanding that the government move forward with legislation that would …
Read More »Alberta CPP exit panel tries to persuade naysayers at town hall, argues with callers
The panel hearing from Albertans on quitting the Canada Pension Plan argued with callers and tried to persuade naysayers in its third telephone town hall session Thursday night. Panel chair Jim Dinning fired back at two callers, one of whom said Alberta’s claim to half the CPP is nothing but naked …
Read More »Young Canadians want to save for retirement despite high cost of living: survey
Despite the high cost of living making it harder to set aside money after expenses, a recent survey indicates Gen Z and millennial Canadians still want to start saving for retirement. And even with the Bank of Canada’s most recent announcement on Sept. 6 stating it was holding its key …
Read More »Retirement age protests in France shed light on new retirement realities: Canadian experts – National
Protests erupted in France this week against plans to raise the retirement age, with experts saying that people don’t want to defer their retirement any longer. While the nationwide strikes have been unique to the situation in France, some experts say the events still underscore the fact that retirement as a general concept …
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