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 ...

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.

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.

Public sector workers will have to work until they are aged 70 to qualify for a full pension, employees heard in a ...

The Public Service Superannuation Act, the law that lays out standards for the public pension fund, doesn’t allow for the non-permitted surplus to be used for plan benefit enhancements. Article ...

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

Former Tana River Governor Hussein Dado has been appointed as the Non-Executive Chairperson of the Public Service ...

In recent years, the handling of the nation’s largest public pension fund has caused growing alarm among a group of retirees who rely on it. They have sought an outside audit of California’s ...

According to public disclosures, as of December 31, 2024, the pension fund held 690,063 shares of Tesla, valued at $278 million. Since President Trump began his trade war over tariffs, Tesla stock ...

Both big California public pension funds emphasize that they are long-term investors with diverse portfolios that do not rely solely on the stock market, but both are also under pressure to meet ...