Latest news in Defined benefit pensions

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…

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

An article on an Ontario court’s decision that an employer’s return-to-workplace request amounted to constructive dismissal was the most-read story on BenefitsCanada.com this past week.…

  • By: Staff
  • March 28, 2025 March 27, 2025
  • 09:00

Pension risk transfer sales increase to $5.2BN in Q4 2024: report

The pension risk transfer market achieved a record-breaking demand with $11 billion in deals at the end of 2024, according to a new report from…

  • By: Staff
  • March 26, 2025 March 26, 2025
  • 09:00

CWIPP reporting investment return of 10.9% in 2024

The Canada-Wide Industrial Pension Plan is reporting a return of 10.9 per cent for 2024, down slightly from 11.7 per cent in 2023. It also…

  • By: Staff
  • March 25, 2025 March 26, 2025
  • 14:00

How social media is helping employers streamline, personalize pension communications

Social media is breathing new life into employers’ pension communications, helping to make the benefit resonate with different audiences and offering organizations a far wider…

Bob Baldwin appointed chair of C.D. Howe pension policy council

National Institute on Ageing recognizing Bob Baldwin with lifetime achievement award

The National Institute on Ageing at Toronto Metropolitan University is recognizing Canadian pension industry mainstay Bob Baldwin with its inaugural lifetime achievement award. An expert in…

Estimated funded status of U.S. multi-employer DB plans rises to 97% in 2024: report

The aggregate funded percentage of all U.S. multi-employer defined benefit pension plans reached 97 per cent as at Dec. 31, 2024, an increase from 89…

  • By: Staff
  • February 28, 2025 February 24, 2025
  • 15:00
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FSRA’s third annual Pension Awareness Day promoting importance of retirement planning

The Financial Services Regulatory Authority of Ontario is promoting the importance of retirement planning and the value of a workplace pension on the third anniversary…