OSFI: Pension plan solvency ratios, share of fully funded pension plans up in 2023-24

By Karunjit Singh (October 15, 2024, 4:41 PM EDT) -- The share of underfunded pension plans in Canada at the end of 2023 fell to 11 per cent from 17 per cent in 2022 as the average solvency position of pension plans improved for a third consecutive year, according to the annual report of the Office of the Superintendent of Financial Institutions (OSFI)....