A forensic pension investigator was hired to provide clarity about the fund’s investments, the high fees it pays to big Wall ...

The Public Service Superannuation Scheme (PSSS) fund value has hit a record Sh142.2 billion in three years of its operation, solidifying its position as the second-biggest pension scheme after the ...

At the end of November, it was reported that the Public Service Pension Fund had a $1.9 billion “non-permitted surplus” as of March 31, 2024. The fund’s total assets were valued at $186 billion.

A spokesperson for the Treasury Board said that as of March 31, the Public Service Pension Fund’s total actuarial value of assets was C$186 billion.

Public pension systems are investing billions of dollars into private equity funds that purchase apartments and often sharply raise rent, an L.A. Times investigation found.

The state’s massive pension funds serving nearly 1.7 million public workers and retirees are expected to weather the turmoil in the stock market despite their substantial investment in stocks ...

This comes after Parliament on February 25, 2025, approved the Public Service Pension Fund Bill 2024, which will see public servants contribute 5% of their salaries to the public pension scheme.