Are New Brunswick’s shared-risk plans on target?
The situation for the City of Saint John’s pension plan didn’t look very good when it converted to a shared-risk arrangement at the beginning of 2013. According to its financial statements for Dec. 31, 2012, the plan had an unfunded liability of about $195 million on a going-concern basis and a solvency shortfall of $384 […]
- November 15, 2016 September 13, 2019
- 08:56