As median age in many parts of the world continues to rise, many countries face an increasing challenge funding social security programs for senior citizens. For the first time, th[...]
Life expectancy in Canada has been increasing at a steady rate in recent years. An April 2014 report from Canada’s Chief Actuary concluded that persons who are age 65 and older are[...]
Fund managers of the Healthcare of Ontario Pension Plan (HOOPP), the Ontario Municipal Employees Retirement System (OMERS) and the Ontario Teachers’ Pension Plan – three of Canada’[...]
On December 31, 2013, the Mercer pension health index for Canadian pension plans stood at 106%, the highest level since June 2001. The index began 2013 at 82% and reached 98% by th[...]
Although, there has been some dispute about the usefulness of the 2011 National Household Survey (NHS), which replaced the long-form census by Statistics Canada, there were a coupl[...]