HomeNewsBenefits & Pensions About UsContact Us

 Magazine Archives
 News Archives
 Calendar
 Money Managers
 Group Insurers
 Consultants
 Custodians
 Associations
 Careers
 Links
 Canadian Investment Review
 Canadian Healthcare Manager

Current issue is available online







The most current pension and investment information available in Canada, located in these easy to use directories. Click on any logo for information.

©  Copyright 2002 Rogers Media. The following article first appeared in the February 2002 edition of BENEFITS CANADA magazine.


BackWords


Worth Repeating

From surplus distribution to healthcare and the emergence of sensitive issues such as non-physical disabilities, the benefits and pension industry has never been short on opinions. We have had many a lively debate in our pages over the past 25 years. Here are some highlights.

Compiled by Kathryn Dorrell and Deanna Rosolen


1978: "Pensions will eventually disappear. They are an interim program to tide us over until the world becomes a service environment," Marshall McLuhan, director of the Centre for Culture and Technology, University of Toronto.

1979: "An employer would be well advised not to be swayed by the apparent but illusionary claims made in favour of the defined contribution approach," Murray Segal, partner, Eckler, Brown & Segal Co. Ltd.

1980: "The only way you can really control costs in an employee drug plan is by buying your own pharmacy," Fred Armstrong, Hansen Consultants Ltd.

1981: "It is easier for a Russian spy to learn about NATO secrets than for the average employee to find out how his or her savings are invested in a private pension plan," Donald Coxe, Ontario Royal Commission on Pensions.

1983: "We take the tough approach on effective alcoholism programs so a person does not stay home and drink his way through the weekly cheques," Bob Taylor, rehabilitation officer, Sun Life in Montreal.

1986: "I firmly believe that money in pension funds belongs solely to the workers for whom the plan exists," Bob Rae, leader of the NDP.

1989: "AIDS in the workplace affects the sponsor, both socially and financially. Soaring insurance claims costs and human rights legislation combine to force companies to address the issue," Christopher Barry, communications consultant.

1990: "Pension reform is at a watershed. More regulation could accelerate the flight to RRSPs or worse, create a movement where employers are not interested in participation in any type of retirement income system," John Cumberford, Manitoba Superintendent of Pensions.

1993: "We [homosexuals] pay the same contributions to benefits plans that heterosexuals do and we're willing to meet the same requirements of eligibility for dependent care. We're not asking for a free ride. We're asking for equality," Robert Craiggs, Air Canada flight service director and attendant.

1994: "Being silent is the old paradigm. That's what happened on the [Ontario] pension [standards] debate. For 15 years, we all sat in back rooms and said, 'Oh, I hope they [the regulators] don't do this ... or that.' And they went and did it to us. We never stood up until after. Let's not let that happen in health," Gretchen Van Riesen, assistant general manager of pensions and benefits, CIBC.

1995: "We have already legitimized discrimination against smokers. I can certainly see insurance companies pricing healthcare and dental plans based on a smoker and non-smoker basis, just as they have in life insurance. And we may see that increasingly with long-term disability insurance, as well, "Ed Buffett, Buffett Taylor and Associates.

1996: "If only they [employees with non-physical illnesses] would look sick. It would be a lot easier to accept if they had blood pouring out of their bodies," Gordon Stainton, human resources manager, Procor Ltd.

1997: "Canadian taxpayers are models of forbearance. We expect little from our governments and we are seldom disappointed," Malcolm Hamilton, principal, William M. Mercer Ltd.

1998: "What we have right now is a lack of confidence in institutions married to too much confidence in the capital markets, "Murray O'Brien, human resources, J.M. Schneider Inc., on the future of pensions.

1999: "All too often employees are unaware of the cost of their benefits, and many still believe it's the big insurance company that covers these benefits costs," Jim Norton and Sandra Pellegrini, Aon Consulting.

2000: " Throughout our whole Canadian culture, beyond the boundaries of the workplace, we see entitlement mentality. It is 'give me, give me' without appreciating what you get," Julia Koe, assistant manager, benefits development, Royal Bank of Canada.

2001: "Trying to drag [employers] horizontally across the [healthcare] silos is like taking a cantakerous two-year-old out of Eaton's at Christmas," Fred Holmes, national practice leader, healthcare, Buck Consultants.























Click here to enter:
6th Annual Communication Awards

Sponsored by:

 

 

The Group Internet Directory is now online. Click below to download the PDF.
English | French

The Romanow Commission has released its final report on the future of healthcare in Canada.

For Commissioner Romanow's recommendations, click here.

Click here for Senator Michael Kirby's report, "The Health of Canadians – The Federal Role: Recommendations for Reform."

About Us News Magazine Archives Benefits & Pensions
Links Careers Calender Contact UsHome