CANADA - Part of the government's CAN$52bn (US$43.7bn) Employment Insurance (EI) surplus should be used to safeguard pensions, the UFCW union has said.
The UFCW said pension fund assets had declined by over $100bn in the first quarter of 2008 alone, before the most severe market losses occurred, and the funding ratios of many Canadian plans had fa...
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