Five Canadian pension funds are among the most transparent in the world, according to the global pension transparency benchmark, a collaboration between Top1000funds.com and CEM…
Vestcor Inc.’s chief executive officer John Sinclair will retire after 20 years with the organization. He’ll stay on as CEO of the provincial investment management, pension…
The union representing employees at Montreal-based Canadian Aviation Electronics Ltd. has ratified a five-year agreement that includes retirement and benefits gains. The new agreement includes…
Predictions of the demise of defined benefit pension plans are premature. The reality is DB is still alive and well in the public sector, with…
The International Centre for Pension Management is appointing Julie Mallory, managing director of portfolio strategy and investment risk at Ontario Power Generation Inc., to its…
Canada Post Corp.’s defined benefit pension plan’s assets declined 6.7 per cent in 2022, according to its latest annual report “2022 was a turbulent year…
An article on how Scotiabank is aligning its benefits offerings across global markets was the most-read story on BenefitsCanada.com over the last week. Here are…
The Canada Post Corp. pension plan is appointing Thavanesan Naidoo as director of pension fund investments and external equities. Naidoo, who has more than 30…
Canadian defined benefit pension plans’ median solvency ratio increased in the second quarter of 2023, according to a new report by Mercer. The report, which looked…
Canadian annuity prices have an asymmetrical response to changing interest rates, making it more expensive to de-risk defined benefit pension plans shortly after rates rise,…
The federal government is launching a consultation on draft amendments to pension legislation pertaining to the transfer of unclaimed benefits for missing plan members. Under…
In 2000, the federal government announced same-sex partners of Canada Pension Plan beneficiaries could claim survivor benefits, as long as their bereavement had occurred no…
The Quebec Court of Appeal has ruled the province’s Bill 15, which substantially modified municipal sector pension plans, is unconstitutional with respect to retirees but…
The Association of Canadian Pension Management is urging the Ontario government to ensure its proposed rules for multi-employer target-benefit pension plans don’t undermine existing incentives that enable…
The Association of Canadian Pension Management is asking the federal government to consider changes in proposed amendments to the Pension Benefits Standards Act and Pooled…
The union representing more than 250 employees at Woodbridge Foam Corp. in Woodbridge, Ont. has ratified a three-year agreement that includes pension and benefits gains.…
At the beginning of April, the OPSEU Pension Trust made a change to a definition in its plan text that will have meaningful implications for…
The Local Authorities Pension Plan Corp. is appointing Troy Mann as president and chief executive officer. He joins the Edmonton-based organization from the Alberta Pensions…
An increase in the protection limit for defined benefit pension plan members’ assets invested in annuities is making it easier for plan sponsors to de-risk, says Mary Kate…
An article on Saskatchewan’s Public Employees Benefits Agency transition to a not-for-profit corporation was the most-read story on BenefitsCanada.com over the last week. Here are…
The funded position of a typical Canadian defined benefit pension plan fell slightly on a solvency basis and rose on an accounting basis in May,…
The Fraser Institute’s president says Alberta’s newly elected premier should ride the wave of the United Conservative Party’s election win and move forward with exploring…
When Alaska switched its public education employees from two defined benefit pension plans to a 401(k)-style defined contribution plan, more staff left their positions, according…
Saskatchewan’s Public Employees Benefits Agency is transitioning to a not-for-profit corporation. The PEBA began pursuing the transition in 2021 at the request of the trustees…
An amendment to Manitoba’s Beneficiary Designation Act allows a pension plan member’s legal representative to now make a beneficiary designation on behalf of the member if…