The strength of equities was among the factors pushing the transaction volume of Canada’s group annuities market to a record high in 2021, according to…
The average Ontario defined benefit pension plan is in the best funded position since December 2009, according to the Financial Services Regulatory Authority of Ontario’s…
The Financial Services Regulatory Authority of Ontario is consulting on proposed pension benefits guarantee fund assessment deadlines and calculations guidance, which is designed to assist plan administrators…
Community Living York South is joining the Colleges of Applied Arts and Technology pension plan’s DBplus. “After much research and consultation, we felt it was…
Canadian Forest Products Ltd.’s new financial wellness program may have originated as the brainchild of its defined contribution pension plan committee, but it’s just as…
As a nuclear power provider, Bruce Power’s culture emphasizes the importance of risk-averseness. This is reflected in the company’s efforts to secure the indexed benefits…
The funded position of a typical defined benefit pension plan decreased on a solvency basis but increased on an accounting basis in January, according to…
The governor of the U.S. Virgin Islands is refinancing more than US$800 million worth of bonds following numerous attempts to save a public pension system that…
The OPSEU Pension Trust is allowing its plan members to earn full pension service if they temporarily reduce their working hours. The changes were made…
The Colleges of Applied Arts and Technology Pension Plan is expanding the definition of who can qualify to receive benefits as disabled or as a…
St. Stanislaus – St. Casimir’s Polish Parishes Credit Union Ltd. is the latest employer to join the Colleges of Applied Arts and Technology pension plan’s…
An eight-year legal effort to reverse a law that transformed New Brunswick’s public sector pension plan away from an indexed defined benefits model is being scrapped.…
The Nova Scotia Pension Services Corp. is appointing Steve Mahoney as its new chief investment officer, effective April 1, 2022. He’s taking over the CIO…
As right-to-disconnect legislation gains steam across Canada and around the world, a story on how employers are dealing with this movement in 2022 took the…
The Pension Investment Association is appointing a new chair, vice-chair and secretary-treasurer for 2022. Sean Hewitt, chief executive officer of the Toronto Transit Commission Pension…
Manitoba is amending its pension regulatory system in order to strengthen the province’s pension regulatory and solvency framework. The changes, which took effect on Dec.…
The average Canadian defined benefit pension plan saw improvements on a solvency and accountancy basis in December, according to LifeWorks Inc.’s latest monthly report. It…
Defined benefit pension plans offer substantial cost advantages over 401(k)-style defined contribution plans, according to a new report by the National Institute on Retirement Security.…
Trent University is joining the University Pension Plan. The university, based in Peterborough, Ont., is the UPP’s fourth member institution. It follows Queen’s University, which…
The market value of assets held by Canadian trusteed pension funds rose four per cent to $2.14 trillion at the end of the second quarter…
How the City of Toronto is continuing to support employee mental health in these uncertain times took the top spot over the past week on BenefitsCanada.com.…
Members of Puerto Rico’s public sector pension plans are facing a benefits freeze and the transformation of their defined benefits plans to defined contribution plans. The…
The viability of a public defined benefit pension plan is best judged by its fiscal sustainability rather than its overall liabilities, according to a new…
The average solvency ratio of Canadian defined benefit pension plans in Mercer’s database grew by seven per cent in 2021, according to a new report…
The largest defined benefit pension plans in the U.S. saw average funded status improve by eight per cent in 2021, according to a new report…