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Wednesday, November 16, 2005 Employer pension plans (Trusteed pension funds)2004Trusteed pension fund managers had a far better year in 2004 compared to 2002, according to the results of the biennial Census of Trusteed Pension Funds. The value of the funds' assets increased 25%, from $557 billion to $696 billion from 2002 to 2004. Revenues accumulated over 2004 amounted to $96 billion, far exceeding expenditures at $47 billion, for a net cash flow of $49 billion. In 2002, expenditures exceeded revenues, leaving the industry with a negative cash flow of a half-billion dollars. Available on CANSIM: tables 280-0005 to 280-0007. Definitions, data sources and methods: survey number 2608. An analysis of the 2004 results will appear in the context of an historical analysis of pension fund data titled "Trusteed pension plans and funds, 1990 to 2004." The analysis will be included in the CD-ROM Canada's Retirement Income Programs: 2006 Edition, to be released early in 2006. Clients requiring current data should refer to the quarterly estimates of trusteed pension funds available on CANSIM, tables 280-0002, 280-0003 and 280-0004. For more information about the current survey results and related products and services, or to inquire about the concepts, methods, or data quality of this release, contact Client Services (613-951-7355 or 1-888-297-7355; fax: 613-951-3012; income@statcan.gc.ca), Income Statistics Division. |
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