Over the past few years, the financial position of pension plans has become more precarious, and the Caisse’s depositors are no exception to this rule. The main underlying factors include longer life expectancy and lower interest rates:
The challenges facing depositors are also those facing the Caisse and the majority of Québecers. This is an opportunity to strengthen business relationships based on mutual trust and a spirit of partnership. To help its depositors meet these challenges, the Caisse proposes a series of measures, including:
- An increased advisory role in reviewing depositors' investment policies;
- Changes to the Caisse’s portfolio offering;
- Reviewing service agreements and reporting requirements; and
- Depositors' increased participation in designing and implementing the Caisse’s strategic plan.