Latest news in Defined benefit pensions

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LAPP lowering contribution rates, providing increased COLA in 2026

Alberta’s Local Authorities Pension Plan is lowering its 2026 contribution rates and providing members with a cost-of living adjustment due to the plan’s strong financial…

  • By: Staff
  • October 28, 2025 October 24, 2025
  • 09:00
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Average funded ratio of Canadian DB plans rises to 134% in Q3 2025: report

The average funded ratio of the typical Canadian defined benefit pension plan rose four per cent in the third quarter of 2025 to 134 per…

  • By: Staff
  • October 23, 2025 October 22, 2025
  • 09:00
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HBC pension surplus at centre of class action from former Simpsons employees

Some former Hudson’s Bay Co. employees have filed a class-action lawsuit seeking a share of the defunct retailer’s pension surplus. The court filing was made…

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Report finds Canada’s retirement system ranks middle of the pack among global peers

Canada’s retirement income system ranked No. 24 out of 52 countries, earning a B grade with an overall score of 70.4 out of 100, according…

  • By: Staff
  • October 17, 2025 October 24, 2025
  • 15:00

Top 5 HR, benefits, pension and investment stories of the week

An article on recent private equity investments by the Canada Pension Plan Investment Board was the most-read story on BenefitsCanada.com this past week. Here are…

  • By: Staff
  • October 17, 2025 October 16, 2025
  • 09:00

HOOPP facing €200 million dividend income tax evasion allegation from Dutch authorities

Dutch authorities are summoning the Healthcare of Ontario Pension Plan on alleged evasion of dividend withholding tax worth more than €200 million. Last week, the…

  • By: Staff
  • October 16, 2025 October 15, 2025
  • 11:00
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Public sector continues to outpace private sector in DB plan membership: report

Canadian public sector employees continue to outpace private sector workers in defined benefit pension plan membership, according to a new report by the Fraser Institute.…

  • By: Staff
  • October 15, 2025 October 14, 2025
  • 09:00
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Solvency ratio of average DB pension fund increases to 105.8% in August: report

The funded status of a typical defined benefit pension plan in Canada increased on both a solvency basis and on an accounting basis in August,…

  • By: Staff
  • October 14, 2025 October 10, 2025
  • 09:00
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Top 5 HR, benefits, pension and investment stories of the week

An article on an arbitrator’s confirmation of the long-term disability exception to Ontario’s mandatory retirement rule was the most-read story on BenefitsCanada.com this past week.…

  • By: Staff
  • September 26, 2025 September 25, 2025
  • 09:00

Alberta Pensions Services Corp. administering national public DB pension transfer agreement

The Alberta Pensions Services Corp. has taken on the administration of the National Public Service Pension Transfer Agreement, a multilateral arrangement that enables the transfer…

  • By: Staff
  • September 22, 2025 September 22, 2025
  • 15:00
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New Brunswick PSPP reporting funded status of 136.5%, providing 2.01% COLA

The New Brunswick Public Service Pension Plan is reporting a funded status of 136.5 per cent as at Dec. 31, 2024, and will provide a…

  • By: Staff
  • September 17, 2025 September 17, 2025
  • 15:00

WISE Trust appointing Trevor Cartlidge as chief pension officer, VP of funding, innovation

The Workplace Insurance and Safety Employee Trust is appointing Trevor Cartlidge as chief pension officer and vice-president of funding and innovation. In the new role,…

  • By: Staff
  • September 16, 2025 September 12, 2025
  • 11:00

Millennials, gen Z workers staying in roles for 2.7 years on average: report

The median job tenure is nearly identical among employees across all generations, despite a prevailing myth that millennials and generation Z employees are more eager…

  • By: Staff
  • September 12, 2025 September 12, 2025
  • 15:00
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FSRA finds Ontario DB plans’ average solvency ratio increasing to 122% in Q2 2025

The median solvency ratio of Ontario defined benefit pension plans increased to 122 per cent during the second quarter of 2025, an increase of three…

  • By: Staff
  • September 4, 2025 September 2, 2025
  • 09:00

HEB Manitoba achieves 16.1% investment return in 2024, second highest in plan’s history

The Healthcare Employees’ Benefit Plan is reporting a 16.1 per cent investment return during 2024, an increase from a 10.8 per cent return in 2023…

  • By: Staff
  • September 3, 2025 September 2, 2025
  • 15:00

G7 DB plan sponsors seeing surplus from high bond yields: report

A new regime of higher bond yields is pushing defined benefit pension plan sponsors around the world to diversify asset holdings and increase liability-driven investment…

  • By: Staff
  • August 28, 2025 August 28, 2025
  • 09:00
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FSRA seeking feedback on target-benefit framework for MEPPs

The Financial Services Regulatory Authority of Ontario is inviting stakeholders to provide their input on the proposed guidance in support of permanent target-benefit framework for multi-employer…

  • By: Staff
  • August 26, 2025 August 22, 2025
  • 15:00
What do historically low interest rates mean for DB pension de-risking?

Pension risk transfer market reaching $1.4 billion in first half of 2025: report

Canadian defined benefit pension plan sponsors have made roughly $1.4 billion in annuity purchases during the first two quarters of the year, according to a…

  • By: Staff
  • August 25, 2025 August 20, 2025
  • 09:00
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Top 5 HR, benefits, pension and investment stories of the week

An article on how plan sponsors can handle lost pension claims was the most-read story on BenefitsCanada.com this past week. Here are the top five…

  • By: Staff
  • August 15, 2025 August 14, 2025
  • 09:00

HBC lease sale may negatively impact pension fund: OMERS’ real estate arm

The real estate investment arm of one of the country’s largest pension funds is worried about the value of its assets if a B.C. billionaire…

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Canadian pension risk transfer market down 60% in first half of 2025: report

Amid geopolitical conflict and market volatility, the volume of risk transfers among Canadian defined benefit pension plan sponsors is down roughly 60 per cent in…

Top 5 HR, benefits, pension and investment stories of the week

An article about the ongoing discussion around tattoos in the workplace was the most-read story on BenefitsCanada.com this past week. Here are the top five…

  • By: Staff
  • August 8, 2025 August 7, 2025
  • 09:00

2025 Risk Management Conference: Panel: Modern risks changing pension plans’ effective response strategies

A changing world is challenging investment organizations’ established approach to risk management, said Dervish Halil (pictured left), senior managing director and head of credit and…

Brookfield buying U.K.-based pension risk transfer business for US$3.17 billion

Brookfield Wealth Solutions Ltd. is targeting the U.K. pension risk transfer industry with a planned US$3.17 billion acquisition of insurance firm Just Group, according to…

  • By: Staff
  • August 6, 2025 August 6, 2025
  • 15:00

Canadian target-benefit plan sponsors can ensure stronger outcomes by balancing benefit stability, intergenerational equity: expert

Amid economic volatility, Canadian target-benefit plan sponsors can ensure strong outcomes for members by balancing pension benefit stability and intergenerational equity, says George Ma, a…