New Report Raises Questions About Municipal Pensions

New research published by the Munk School’s Institute of Municipal Finance and Governance (IMFG) examines the organizational structure, governance, and, administration of municipal pension plans. The findings suggest that while municipal pension plans are largely in a satisfactory financial situation, many of these plans are exposed to substantial risk, and in some cases are vulnerable to outcomes, which in the past have had negative implications for municipal finances.

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However, the report also argues that there are a number of data limitations that makes it difficult to gain a comprehensive picture of municipal pension plans. These issues can be overcome by coordinated action by municipalities and their pension plans.

For more:

Municipal Employee Pension Plans in Canada: An Overview 

 

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