Ontario Teachers Fund Returns 3.7% in First Half of 2017
Net assets reach C$180.5 billion on C$6.4 billion of income.
Net assets reach C$180.5 billion on C$6.4 billion of income.
Discussions in preliminary stage, source says.
Government could change gears on recent pension considerations.
Asset obliterates -6.5% benchmark with 28.79% performance.
Union ballots more than 100,000 workers, recommending they endorse industrial action.
Report says gains from modernization should be used to halt rising pension ages.
Closure would protect existing benefits, but unions express “dismay and bitter disappointment.”
Per Løken and Romain Veber to oversee the US and Europe, respectively.
Workers end industrial action for what union calls ‘best possible deal available.’
New bill will take effect next month.
Payments will come from Ascension if the Wheaton Franciscan plan can’t cover them.
Program could save $7 million per year for the fund.
Proposed legislation would benefit teachers and state employees missing out on cost-of-living raises.
Despite a 0.9% decrease, plans up 7.3% in past 12 months.