Latest news in Defined benefit pensions

Report finds average Canadian DB pension plan returns -1.7% in April

The funded position of a typical Canadian defined benefit pension plan increased slightly both on a solvency and accounting basis in April, according to Telus…

  • By: Staff
  • June 12, 2025 June 10, 2025
  • 11:00

Expert panel: Risk management tips during economic, geopolitical uncertainty

Risk management continues to be one of the hottest topics in the pension industry for a number of reasons, including the uncertainty caused by the…

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

An article on how diversity, equity and inclusion strategies are changing was the most-read story on BenefitsCanada.com this past week. Here are the top five…

  • By: Staff
  • June 6, 2025 June 5, 2025
  • 09:00
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Medicus Pension Plan reporting 9.1% return, adding new benefit features

The Medicus Pension Plan is reporting a 152 per cent funded status on a going-concern basis and a 120 per cent funded status on a…

  • By: Staff
  • June 5, 2025 June 4, 2025
  • 09:00
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ACPM calling on PBSA to update spousal disclosure requirements, electronic communications to retirees

The Association of Canadian Pension Management is recommending a few amendments to the Pension Benefits Standards Act, including the required disclosure to spouses and electronic…

  • By: Staff
  • June 4, 2025 June 3, 2025
  • 09:00

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

An article on the Association of Canadian Pension Management’s call for modernized pension legislation in Alberta was the most-read story on BenefitsCanada.com this past week.…

  • By: Staff
  • May 30, 2025 May 29, 2025
  • 09:00

HBC employees losing post-retirement benefits, keeping DB pension benefits amid closure

More than 8,300 workers will have lost their job and some benefits by the time Hudson’s Bay Co. closes all of its stores at the…

ACPM urging Alberta government to align pension funding, administration rules with other provinces

The Association of Canadian Pension Management is calling on the Alberta government to modernize its provincial pension legislation and align its laws with other Canadian…

  • By: Staff
  • May 27, 2025 May 27, 2025
  • 11:00

Yellow Pages de-risks $210 million in DB pension plan obligations

Yellow Pages Ltd. is transferring $210 million in defined benefit pension liabilities through a group annuity contract with BMO Insurance. According to a press release,…

  • By: Staff
  • May 26, 2025 May 23, 2025
  • 15:00
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U.S. meatpacking workers win back DB pension plan in new union contract

U.S. meatpacking workers are getting their first new defined benefit pension plan in nearly 40 years under a contract agreement between Brazil-based JBS, one of…

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

An article on how employers are supporting working parents and caregivers was the most-read story on BenefitsCanada.com this past week. Here are the top five…

  • By: Staff
  • May 23, 2025 May 22, 2025
  • 09:00
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Canadian DB pension plan sponsors spending US$165 in per-member administration costs: report

Canadian defined benefit pension plan sponsors have an average per-member administration cost of US$165, according to a new report by CEM Benchmarking Inc. The report,…

  • By: Staff
  • May 22, 2025 May 21, 2025
  • 11:00

58% of Ontario workers say retirement planning includes considering physical, mental health: survey

More than half (58 per cent) of Ontario employees say retirement planning should go beyond financial wellness and encompass physical and mental health and social…

  • By: Staff
  • May 22, 2025 May 21, 2025
  • 09:00

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

An article that examined an Ontario court’s ruling on an employer’s termination clause was the most-read story on BenefitsCanada.com this past week. Here are the…

  • By: Staff
  • May 16, 2025 May 15, 2025
  • 09:00

Average Canadian DB pension plan’s funded position decreases in March: report

The funded position of a typical Canadian defined benefit pension plan decreased both on a solvency and accounting basis in March, according to Telus Health’s…

  • By: Staff
  • May 12, 2025 May 13, 2025
  • 15:00
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Top 5 HR, benefits, pension and investment stories of the week

An article on a lawsuit filed by Ontario Provincial Police recruits against the Ontario Municipal Employees Retirement System and the Ontario Pension Board was the…

  • By: Staff
  • May 9, 2025 May 8, 2025
  • 09:00

Head to head: Are there underlying risks in using AI and machine learning in pension administration and governance?

The benefits of artificial intelligence go hand in hand with the many risks, but the pension industry’s requirements around fiduciary responsibility and governance, as well…

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OPP recruits suing OMERS, OPB over pension transfers

A group of former municipal police officers who were recruited by the Ontario Provincial Police have launched multi-million-dollar lawsuits against the Ontario Municipal Employees Retirement…

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Ontario DB pension plans’ median solvency ratio at 122% in Q4 2024: report

The median solvency ratio for Ontario defined benefit pension plans remained stable at 122 per cent in the fourth quarter of 2024, according to a…

  • By: Staff
  • April 25, 2025 April 24, 2025
  • 09:00

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

An article on how incoming health-care legislation could impact plan sponsors’ virtual care offerings was the most-read story on BenefitsCanada.com this past week. Here are…

  • By: Staff
  • April 11, 2025 April 10, 2025
  • 09:00
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Economic volatility, demographic changes among factors shaping retirement plans: survey

More than half of U.S. pension plan sponsors say economic conditions like interest rate and market volatility (58 per cent) as well as demographic changes…

  • By: Staff
  • April 8, 2025 April 7, 2025
  • 15:00

Average funded ratio of Canadian DB pension plans down 2% in Q1 2025: report

The aggregate funded ratio for Canadian pension plans in the S&P/TSX composite index declined to 105.5 per cent in the first quarter of 2025, compared…

  • By: Staff
  • April 8, 2025 April 7, 2025
  • 09:00
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Unifor, General Dynamics agreement includes pension, benefit gains

The union representing roughly 500 employees at General Dynamics Land Systems Canada in London, Ont. has ratified a new three-year contract that includes pension and…

  • By: Staff
  • April 4, 2025 May 2, 2025
  • 09:00
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B.C. regulator releases stand-alone information security guideline for pension plans

The British Columbia Financial Services Authority is releasing a stand-alone information security guideline for pension plan administrators based in the province. The guideline, which will…

  • By: Staff
  • April 3, 2025 March 31, 2025
  • 09:00

2025 DC Plan Summit: Panel: Personalized, holistic approach biggest benefit in 25 years of DC plan changes

The evolution of pension plans from retirement tools to encompassing flexible savings models that prioritize financial wellness is a defining change over the past 25…