Pension plans rebounding with the markets - MoneySense

Pension plans rebounding with the markets

More than half of Canada’s pension plans are underwater, but according to pension firm Mercer, their health is looking much better than it was a year ago.

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More than half of Canada’s pension plans are underwater, but according to pension firm Mercer, their health is looking much better than it was a year ago. The typical pension plan is now 74% funded, as opposed to 59% a year earlier.

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