In 2022, U.S. retiree spending — driven by private and public sector defined benefit pension payouts — generated US$1.5 trillion in total economic output and…
Promoting employee financial awareness and retirement readiness amid the rising cost of living is a priority for the Canadian Public Pension Leadership Council in 2025,…
Eligible members of the Victoria University General Pension Plan, along with Trent University’s Contributory Pension Plan for Employees represented by OPSEU Local 365 and the…
An article on the issues that Canadian pension plan sponsors are considering in 2025 was the most-read story on BenefitsCanada.com this past week. Here are…
The median solvency ratio of Canadian defined benefit pension plans increased to 125 per cent by the end of the fourth quarter of 2024, up…
Variable payment life annuities and the impact of gender identity on actuarial standards are among the issues the Canadian Institute of Actuaries is monitoring in…
The National Police Federation, which represents 20,000 Royal Canadian Mounted Police officers, has launched a class action claiming the federal government has wrongfully prevented part-time…
With the start of a new year, there are several developments and trends that will likely impact Canadian pension plan sponsors in 2025. Implementation of…
The Toronto Transit Commission Pension Plan is appointing Heather Wolfe as its new chief executive officer, effective March 3, 2025. She succeeds acting CEO James…
The Financial Services Regulatory Authority of Ontario is closely monitoring administrative risk and pension plan sponsors’ geopolitical concerns in 2025, says Andrew Fung, the organization’s…
The Canadian Sustainability Standards Board has released its sustainability disclosure standards that align with global sustainability disclosure guidelines, while addressing specific Canadian circumstances. The framework…
From the unlocking of pension benefits in Nova Scotia to new pay transparency rules in Ontario, stories about pension and employment legislation caught the eyes…
An article on the federal government’s decision to transfer a $1.9 billion public pension surplus to general revenue was the most-read story on BenefitsCanada.com this…
According to Statistics Canada, 80 per cent of Canadian public sector workers benefit from a respectable, life-long pension. However, for many private sector employees the…
The federal government’s recent decision to transfer a $1.9 billion surplus from the Public Service Pension Plan to its general revenue is within its purview, says…
An article about the National Institute on Ageing’s report on missing pension plan members was the most-read story on BenefitsCanada.com this past week. Here are the…
The Healthcare of Ontario Pension Plan is welcoming eligible physicians in Ontario to join its defined benefit pension plan, effective January 2025. This new development…
While both experts point to the obligation of the pension promise, one argues that many pension funds are already overweight in Canadian allocations, while the…
Brad Lander is advocating for public pension funds to enforce their responsible investment mandates even if that pits them against their partners. As New York…
An independent review of the Ontario Municipal Employees’ Retirement System will examine the unique governance structure of the investment organization. The current structure of the…
Amendments to the federal Pension Benefits Standards Act must go beyond reporting transparency and clarify how additional disclosure requirements help monitor the health of Canadian…
The National Institute on Ageing is addressing the issue of missing pension plan members, in a new report highlighting the challenges faced by plan administrators…
The Ontario Municipal Employees’ Retirement System is reporting inflation adjustment of 2.61 per cent, providing plan members with full inflation protection in 2025. The adjustment…
While global pension plan sponsors’ assets grew by 10 per cent to reach US$63.1 trillion in 2023, this value is still five per cent lower…
Workplace pension income will add $24.5 billion to federal coffers and $16.8 billion to the provinces in 2025, according to a new report by the…