What to do with the public-service pension surplus piling up?

Now that the surplus has reached a 'non-permissible' level, Ottawa will have to reduce it. But who is entitled to the tens of millions of dollars?

Public service unions are represented on the plan’s pension advisory committee, which advises Treasury Board President Anita Anand, pictured, on how to run, design, and fund the plan.The Hill Times photograph by Andrew Meade

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BY KATHRYN MAY

August 1, 2024

OTTAWA—There’s a behind-the-scenes battle brewing over how to use billions of dollars of surpluses piling up in the federal public service pension plan.

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