Reform of Canada’s public sector pension plans is no longer limited to active employees—increasingly governments are willing to address expensive components of retiree pensions as…
Prince Edward Island plans to make changes to its public sector pensions, including eliminating guaranteed cost-of-living adjustment increases.
The Government of Ontario is considering a supplementary pension plan for the province's residents, according to newspaper reports.
Recently, the Quebec Committee on Public Finance held consultations and offered proposals on the D’Amours report, a government-mandated study that examines Quebec’s retirement system and…
Prince Edward Island is taking the lead in the case for Canada Pension Plan expansion.
Reforming old age security (OAS) by changing the income level at which seniors are eligible and reducing the amount clawed back from seniors still in…
Detroit has proposed freezing the city’s two employee pension plans at the end of the year. Members of the General Retirement System and the Police…
One of the general rules of statutory interpretation is that a statute or regulations only apply on a go-forward basis from the date of coming…
The St. John’s Board of Trade wants the Government of Newfoundland and Labrador to take immediate action and a set clear timeline to implement pension…
Standard Life been issued a licence to administer a federal pooled registered pension plan.
In the closing paragraph of my last column, I stated that few pension custodians currently provide adequate recordkeeping for GST/HST purposes and made the promise…
The Government of Newfoundland and Labrador says retirees that belong to the Public Service Pension Plan and Teachers’ Pension Plan will not be affected as…
Public sector retirees in New Brunswick are meeting this week and next to discuss the province’s decision to implement a shared-risk pension plan.
The Government of Alberta has proposed a number of changes to public sector pensions such as no benefit improvements until 2021 and a reduction in…
Canada’s pension system receives a lot of criticism, but things here are better than they are south of the border. The Canadian system—as well as…
Ari Kaplan wrote the book on pension law. Literally. His book, Pension Law, was first published in 2006, and a second edition, co-authored with Mitch…
After five years of piecemeal changes, Ontario’s pension system now requires substantial reform in order to resolve serious issues such as the scarcity of workplace…
In my last article, I alluded to the story of the mythological princess Cassandra. Ontario’s new rules governing target benefit plans (TBPs) remind me of…
The head of the Ordre des CPA du Québec told the province’s Committee on Public Finance can’t continue ignoring the flaws in the current retirement…
Quebec’s special consultation into the D’Amours report on pension reform has revealed fading support for a number of its key proposals.
The main solutions to Quebec’s chronically underfunded pension system are raising the retirement age and introducing a risk-sharing pension model like the one used in…
With its aging population and growing longevity, Canada needs to overhaul its public and private pension systems in order to secure the future of new…
A federal court in the United States has turned down an appeal by former executives at General Motors over cuts to their pension.
The Ontario Public Service Employees Union (OPSEU) is seeking pension trustee candidates for the OPSEU Pension Trust. The appointments are effective October 1, and applications…
Sometimes the easiest questions to ask are the most difficult ones to answer. Here’s the easy question to ask: where do we begin the next…