Funded levels fluctuated from 85% down to 72% and back up to 82% during first six months of the year.
After maintaining a conservative allocation strategy, the pension fund took the three months ending in June to snatch up some equities.
Aggregate deficit of the PPF 7800 has more than tripled over the past year.
However, the C$333 billion pension beat its benchmark over the past five and 10 years.
Funds with significant exposure to equities outperformed during the second quarter.
Large plans underperformed small plans, likely due to significant exposure to alternative investments.
Deputy chief Dan Bienvenue will take over until the retirement system finds a replacement.
Thailand, Argentina, and Turkey were ranked as having the worst pension systems in the world by Visual Capitalist.
The sovereign wealth fund beat a passive index benchmark, but missed its return target.
The pension plan, which closed its books in March, had incrementally dialed up an allocation to conservative assets.
Pension board also approves reduction in assumed rate of inflation to 2.5%.
Universities Superannuation Scheme reports 6.19% five-year return.
Equities rally helps spur strong quarterly gains.
Chemical company allegedly misled investors about ‘significant liability risk’ from ‘thousands’ of lawsuits against Monsanto.
Steamfitters Local 449 Pension Plan agreed to drop the case for $7.5 million.