solvency ratio – Benefits Canada.com

Average Canadian DB pension plan returns 0.4% in September: report

bmcgovern — Thu, 17 Oct 2024 15:00:50 +0000

The funded position of a typical Canadian defined benefit pension plan decreased to 107 per cent in August, down from to 107.8 per cent at the end of July, according to Telus Health’s latest pension index. It found a representative pension plan portfolio returned 0.4 per cent for the month due to strong performances by Canadian equities […]

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Ontario DB pension plans’ average solvency ratio increases to 123% in Q2 2024: FSRA

bwolfe — Tue, 17 Sep 2024 13:00:10 +0000

The median projected solvency ratio for Ontario defined benefit pension plans was 123 per cent as at June 30, 2024, up slightly from 122 per cent as at March 31, according to a new report by the Financial Services Regulatory Authority of Ontario. It found this increase was attributable to a rise in solvency discount […]

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Canadian pension plans’ average funded ratio reaches 120% in first quarter: report

lbailey — Mon, 24 Apr 2023 19:00:36 +0000

The average Canadian pension plan’s funded ratio reached 120 per cent as of March 31, 2023, up one per cent over the quarter, while the average going-concern solvency ratio was 111 per cent, up four per cent, according to a new report by Normandin Beaudry. The report attributed these increases to the strong performance of financial […]

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Ontario DB pension plans’ projected solvency dipped in Q2: FSRA

Gideon Scanlon — Thu, 18 Aug 2022 13:00:53 +0000

The projected solvency ratio of Ontario’s defined benefit pension plans declined in the second quarter of 2022, according to a new report by the Financial Services Regulatory Authority of Ontario. In its quarterly report, the FSRA found the median projected solvency ratio reached 110 per cent on June 30, 2022, down two per cent from […]

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Ontario Pension Board generates 9.4% return in 2021

Gideon Scanlon — Tue, 10 May 2022 13:01:10 +0000

The Ontario Pension Board, the administrator of province’s public service pension plan, generated a return of 9.4 per cent in 2021. In its yet-to-be released 2021 annual report, the OPB also reported its assets under management had grown to $33.8 billion, up from $31 billion the previous year. It also improved its solvency ratio by […]

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N.S. Teachers’ Pension Plan returns 9.63%, though solvency ratio remains below 85%

Gideon Scanlon — Tue, 03 May 2022 13:00:24 +0000

The Nova Scotia Teachers’ Pension Plan exceeded its return benchmark in 2021, though its solvency ratio on a growing-concern basis remains underwater, according to its annual report. The defined benefit pension plan’s assets grew by 6.1 per cent last year, reaching $5.856 billion. Net investment returns, however, grew by 9.63 per cent, slightly higher than […]

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