{"id":17825,"date":"2019-12-16T15:45:22","date_gmt":"2019-12-16T20:45:22","guid":{"rendered":"https:\/\/www.benefitscanada.com\/news\/manitoba-premier-wants-to-merge-management-of-public-sector-pensions-140545"},"modified":"2019-12-16T15:45:22","modified_gmt":"2019-12-16T20:45:22","slug":"manitoba-premier-wants-to-merge-management-of-public-sector-pensions","status":"publish","type":"post","link":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/2019\/12\/16\/manitoba-premier-wants-to-merge-management-of-public-sector-pensions\/","title":{"rendered":"Manitoba premier wants to merge management of public sector pensions"},"content":{"rendered":"<div class=\"alignleft clearfix\">\n<div class=\"wp-caption feature-image alignleft\"><img decoding=\"async\" loading=\"lazy\" width=\"316\" height=\"190\" src=\"https:\/\/www.benefitscanada.com\/wp-content\/uploads\/2017\/08\/manitoba-flag-web.jpg\" class=\"attachment-feature size-feature wp-post-image\" alt title=\"Manitoba premier wants to merge management of public sector pensions\"> <\/div>\n<\/div>\n<p class=\"byline\"><span>Staff<\/span>&nbsp;|&nbsp;December 16, 2019<\/p>\n<p>Manitoba Premier Brian Pallister is calling for a merger of the management services for the province\u2019s public-sector pensions.<\/p>\n<p>Pallister says he\u2019s not suggesting the funds themselves merge \u2014 only that they be managed as a group. A&nbsp;much larger pool of funds would be subject to lower management fees, he says, which&nbsp;could save roughly $200 million a year on a combined pool of $40 billion.<\/p>\n<p><strong>Read:&nbsp;<a href=\"https:\/\/www.benefitscanada.com\/news\/manitoba-pension-consultations-to-consider-target-benefit-shared-risk-plans-109199\">Manitoba pension consultations to consider target-benefit, shared-risk plans<\/a><\/strong><\/p>\n<p>Pallister says those savings could boost the pension funds\u2019 long-term sustainability or be reinvested to increase returns.<\/p>\n<p>Government officials are to meet with people who oversee the various public-sector pension funds in the coming weeks to discuss the issue.<\/p>\n<p> <a href=\"https:\/\/www.benefitscanada.com\/news\/manitoba-premier-wants-to-merge-management-of-public-sector-pensions-140545\">Read the full article at BenefitsCanada.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Staff&nbsp;|&nbsp;December 16, 2019 Manitoba Premier Brian Pallister is calling for a merger of the management services for the province\u2019s public-sector pensions. Pallister says he\u2019s not suggesting the funds themselves merge \u2014 only that they&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/17825"}],"collection":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/comments?post=17825"}],"version-history":[{"count":0,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/17825\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/media?parent=17825"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/categories?post=17825"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/tags?post=17825"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}