The majority of public education spending in Canada between 2004 and 2015 went to pensions, benefits and wages, a new report by the Fraser Institute…
HOOPP Realty Inc., a subsidiary of the Healthcare of Ontario Pension Plan, has entered into an agreement to buy a 50 per cent interest in…
The Nova Scotia Pension Services Corp. has appointed Doug Moodie as interim president and chief executive officer, effective Oct. 28. Steven Wolff, current president and…
The registered retirement savings plan is fast approaching its 60th birthday. There have been many changes over that period and Canadians’ contributions have ebbed and…
The Association of Canadian Pension Management says Ontario’s solvency funding framework for defined benefit pension plans should use Quebec’s new funding regime as a model.…
After considering feedback from its online consultation, British Columbia will support the Canada Pension Plan enhancement. The consultation, which was launched on July 15, 2016,…
An accounting difference involving the Ontario Public Service Employees Union Pension Plan and the Ontario Teachers’ Pension Plan has the government at odds with the…
As the federal Department of Finance consults on proposed amendments to Canada’s Income Tax Act, the Association of Canadian Pension Management has responded with a…
During an event held last week in Toronto, participants discussed how the 70-per-cent replacement rate as a measure of retirement income adequacy could be modified.…
Cancelling the increase to the age of eligibility for old-age security was certainly a popular move. The change, which quickly followed the Liberals’ election in…
With pensions a growing concern for Canadians’ livelihoods, the public has a valid interest in knowing how they’re performing. And when it comes to public…
For such a small number, the discount rate used by a pension plan can have a very significant impact on its funded status. Actuaries use…
Protecting against longevity risk is one of the biggest challenges for people with defined contribution pension plans because, if they live longer than their savings…
A story on how Organon Canada is supporting women employees at every stage of their career was the most-read story on BenefitsCanada.com. Here are the top…
In its 2024 budget on Tuesday, the federal government announced a new working group dedicated to encouraging increased domestic investments by Canadian institutional investors. Former…
Simply put, a glide path is a calculation designed to support an employee’s desired retirement timeline through investments in a target-date fund. When an employee…
An Ontario Superior Court ruling that allowed IBM Canada Ltd. to retrospectively rectify drafting errors that created unintended additional pension benefits for employees on disability…
In its 2024-25 annual plan, the Financial Services Regulatory Authority of Ontario is focusing on assessing and mitigating systemic and high-priority risks in the province’s…
A renewed call for increased domestic investments by Canadian pension plans isn’t surprising amid an ongoing discussion around the role of investment organizations in supporting the…
Clear and flexible regulations that reflect the nature and diversity of target-benefit plans would allow these plans to thrive, according to a new report from…
The Ontario Pension Board is working closely with employers to receive updated salary information from public sector workers that may have been impacted by the…
The University Pension Plan is launching a new web portal to prioritize plan member engagement throughout the year. “Transparency is an important value to our…
As Ontario prepares to introduce pay transparency legislation, it’s important for employers to consider how much information they want to share in job postings, says…
Desjardins Insurance is marking Financial Literacy Month with a series of budgeting workshops for employees and an interactive game to help improve financial literacy. The…
Many plan members are experiencing risk factors related to poor mental, physical and financial well-being, but often don’t know they can turn to their benefits…