Live Breaking News & Updates on Nova scotia teacher pension plan

Stay updated with breaking news from Nova scotia teacher pension plan. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Finance minister says public should see options for teachers' pension fund liability — but not yet

Finance Minister Allan MacMaster says the public deserves to know how the unfunded liability of the Nova Scotia Teachers’ Pension Plan will be addressed, but only after the plan’s two sponsors have finished considering recommendations from an independent report.

John-rogers , Claudia-chender , Allan-macmaster , Zach-churchill , Finance-minister-allan-macmaster , Nova-scotia-teacher-pension-plan , Leader-zach-churchill ,

$1.7B in unbudgeted spending raises red flags in auditor general's office

The province's auditor general wants the Nova Scotia government to be more open about its spending in the face...

Nova-scotians , Nova-scotia-teacher-pension-plan-panel , House-of-assembly , Health-spending , Nova-scotia , Annual-financial-report , Boat-harbour , Scotia-teacher-pension-plan , Nova-scotia-teacher-pension-plan ,

Solution to Nova Scotia Teachers' Pension shortfall will be decided in private

More than a year ago the government and teachers union received a list of options for fixing the pension plan shortfall, but have yet to share them publicly or make a decision.

Allan-macmaster , Claudia-chender , Zach-churchill , Nova-scotia-teachers-union , Nova-scotia , Nova-scotia-teacher-pension-plan , Labour-relations-minister-allan-macmaster , Leader-zach-churchill ,

Nova Scotia Teachers' Pension Plan takes financial hit in 2022

After several years of growth, the Nova Scotia Teachers' Pension Plan saw a drop of more than seven percentage points in its funded status in 2022, amid challenges in the financial markets.

Canada , John-rogers , Nova-scotia-teacher-pension-plan-trustee-inc , Nova-scotia-teacher-pension-plan , Nova-scotia-teachers ,

Expert Panel to Make Recommendations on Teachers' Pension Plan - Government of Nova Scotia, Canada

Expert Panel to Make Recommendations on Teachers’ Pension Plan
January 13, 2021 - 10:15 AM
The province and Nova Scotia Teachers Union (NSTU) have appointed an independent three-person expert panel to recommend ways to protect and strengthen the Teachers’ Pension Plan.
The plan has an unfunded liability of $1.5 billion and a funded ratio of 78.2 per cent as of Dec. 31, 2019. While there is no immediate risk the plan will be unable to meet its ongoing pension obligations, NSTU and the province, as joint parties of the plan, have a shared obligation to address the plan’s liability so teachers, like other public sector employees, have pension benefits that will provide financial stability during retirement.

Toronto , Ontario , Canada , Mark-furey , Morneau-shepell , Elizabeth-brown , Conrad-ferguson , Brown-mills-klinck-prezioso , Nova-scotia-teachers-union , Nova-scotia-community-college-academic-union , Public-school-administrators-association-of-nova-scotia , Ontario-university-pension-plan