Latest news in Defined benefit pensions

Ontario Teachers’ invests in supply chain tech, announces CFO to retire

The Ontario Teachers’ Pension Plan is leading a US$50-million series C funding round for Calgary-based 3D robotics supply chain company Attabotics Inc. The pension fund is making…

  • By: Staff
  • August 18, 2020 January 20, 2021
  • 15:15

2020 Consultants Report: Pandemic will fundamentally change benefits, pension plans

The coronavirus pandemic is fundamentally changing the future of work and, very likely, the nature of employer-sponsored benefits and pension plans. Looking to the end…

2020 Top 100 Pension Funds Report: How have Canada’s DB pensions changed over the last decade?

2020 Top 100 Pension Funds Report: How have Canada’s DB pensions changed over the last decade?

Whether it’s battling the challenges of plan maturity, increasing longevity, the changing nature of work or difficult financial markets, these so-called golden handcuffs are looking…

Saint John Airport staff join CAAT’s DBplus

Firefighters, administrative and infrastructure maintenance personnel at the Saint John Airport are among the newest members to join the Colleges of Applied Arts and Technology…

  • By: Staff
  • July 13, 2020 December 6, 2020
  • 16:26

How the OPB mixes guidance, support and advice to optimize pension member decisions

Pension plan members are buffeted from all sides by information on retirement options — some reliable, some not — especially now that the coronavirus pandemic…

2019 Top 50 DC Plans Report: What does the future hold for hybrid pension plans?

While defined contribution pension plans evolve and defined benefit plans decline, the McGill University pension plan is a true blend of both types — at…

2019 Consultants Report: What benefits and pension topics are top of mind for consultants?

2019 Consultants Report: What benefits and pension topics are top of mind for consultants?

Compared to the preceding years, 2019 appears to be the year of steady when it comes to progress on hot topics that resonated in the…

Coronavirus prompting CAP sponsors to review TDF suites

2019 Top 100 Pension Funds Report: Deconstructing pension protection, promises and priorities

Though Trish McAuliffe didn’t know much about pension benefits at the time, they were at the heart of one of her earliest working memories. In…

How Husky Energy included active members in its DB plan annuitization

How Husky Energy included active members in its DB plan annuitization

With a defined benefit plan closed since 1991, Husky Energy Inc. was facing a dilemma. It wanted to annuitize the plan but had active members…

Improving employees’ financial wellness in fourth industrial revolution

When the World Economic Forum met this year in Davos, Switzerland, it chose a very timely topic: the fourth industrial revolution that’s about to be wrought by automation.…

  • April 30, 2019 November 30, 2020
  • 08:30
Reports highlight social implications of workplace pensions

Reports highlight social implications of workplace pensions

A report published by the Canadian Public Pension Leadership Council in February 2019 offers compelling evidence about the broad benefits of workplace pension plans. The report,…

  • April 16, 2019 September 13, 2019
  • 08:30

Could solvency reform in Canada lead to a DB pension revival?

In early 2016, Rogers Communications Inc. announced it would be closing its defined benefit plan to new entrants and replacing it with a defined contribution…

  • By: Jann Lee
  • April 12, 2019 July 9, 2021
  • 08:56

University of Saskatchewan support workers closer to strike over DB pension changes

The union representing University of Saskatchewan support workers is one step closer to striking in an ongoing dispute regarding its members’ wages and pensions. Canadian Union of Public Employees…

What do pension benefits guarantee fund changes mean for plan sponsors?

What do pension benefits guarantee fund changes mean for plan sponsors?

Alongside recent reforms to funding rules for Ontario-registered defined benefit pension plans, the Ontario government also made changes to the pension benefits guarantee fund, including improvements…

  • March 26, 2019 September 13, 2019
  • 08:30
Editorial

Editorial: Communicating CPP enhancements and more pension action on the way

When the Canada Pension Plan enhancement took effect on Jan. 1, 2019, did you feel the pinch in your first paycheque of the year? The…

A look ahead at pension legislative changes for 2019

A look ahead at pension legislative changes for 2019

While 2018 ushered in a number of significant changes to Ontario’s pension legislation, including a major revamping of the funding rules for defined benefit plans,…

  • December 28, 2018 September 13, 2019
  • 08:30
A primer on the incoming CPP/QPP enhancements

A primer on the incoming CPP/QPP enhancements

In 2016, the Government of Canada reached an agreement with the provinces that provides for significant enhancements to the Canada Pension Plan, with an announcement of…

  • November 27, 2018 September 13, 2019
  • 08:00
Editorial

Editorial: Getting financially schooled

In my formative school years, it was mandatory for all students to learn cooking, carpentry and typing, among other non-academic pursuits. While I’m certainly grateful…

Considerations for employers around the incoming CPP enhancements

Considerations for employers around the incoming CPP enhancements

With just about a month to go until the federal government’s long-awaited Canada Pension Plan enhancements kick in on Jan. 1, 2019, Scott Perkin is…

Data, personas and generational focus keys to successful benefits, pension communication

Data, personas and generational focus keys to successful benefits, pension communication

It’s a constant challenge for employers to ensure their plan members understand and appreciate the pension and benefits programs available to them. It isn’t easy, but employers…

  • November 13, 2018 September 13, 2019
  • 08:30
Top 50 DC Plans Report: How plan sponsors can blend DB features into their DC pension plans

Top 50 DC Plans Report: How plan sponsors can blend DB features into their DC pension plans

Imagine there was an option to assemble the ideal retirement savings plan: a pinch of automatic features, a teaspoon of benefits guarantee, a cup of…

How the CMHC closed its DC pension and returned to a DB plan

How the CMHC closed its DC pension and returned to a DB plan

The Canada Mortgage and Housing Corp. is having déjà vu. After closing its defined benefit plan to new members in 2013 and introducing a defined…

Governance lessons from B.C.’s public sector pension plans

Governance lessons from B.C.’s public sector pension plans

While retirement income security is top of mind for many Canadians, British Columbia’s public sector pension plans are noteworthy models that can be emulated by sponsors…

  • August 15, 2018 September 13, 2019
  • 08:00
Editorial: Creative covers, a prognosis for the future and a note of thanks

Editorial: Creative covers, a prognosis for the future and a note of thanks

How do the following sound as headlines for the cover of Benefits Canada? Are they likely to make the cut any time soon? • “My…

2018 Consultants Report: New challenges for consultants as the landscape evolves

2018 Consultants Report: New challenges for consultants as the landscape evolves

The job of a pension consultant has evolved considerably over Bita Jenab’s 30-year career in the field. The mid-1990s saw a greater focus on governance…