The federal government has concluded its public consultations on establishing a federal framework for target benefit plans and will use the input to draft legislation.
The Government of Quebec says the province's municipal pensions are underfunded by $3.9 billion and has introduced a bill to try to fix the problem.
Standard Life has launched a new reporting tool developed to enhance information delivery capabilities for sponsors of group pension plans and their advisors.
Ontario Premier Kathleen Wynne plans to re-introduce last month's budget within 20 days after voters gave her a majority mandate on Thursday night.
Plan sponsors that think moving from DB to DC would provide them with cost certainty may be mistaken.
Not long ago Canadian pension blogs were ringing the death knell and warning plan administrators about the collapse of the “spouse-in-the-house” rule arising from the…
The German government has passed a bill allowing some workers to retire and collect a full state pension at 63.
The Government of Alberta has put two pieces of pension reform legislation on hold for the time being.
Target benefit plans (TBPs)—pension arrangements where the risk is shared between the employer and employees—are attracting more and more attention. But despite this model’s appeal,…
Canada's auditor general warns that prolonged low interest rates, lower-than-expected returns on assets, and increasing longevity could have a significant impact on public sector pension…
The Government of Ontario is moving forward with a new mandatory provincial pension plan, the Ontario Retirement Pension Plan (ORPP).
The Government of Ontario will release its budget on Thursday afternoon, and details of the province’s pension plan are likely to be part of it.
Last week, the Government of Ontario released four proposals in respect of proposed amendments to Regulation 909 under the Pension Benefits Act and is seeking…
The federal government has unveiled a proposal for target benefit plans, pension programs that share the risk between employers and employees.
The Government of Alberta has introduced a bill to reform the province's public sector pension plans.
The Government of New Brunswick introduced legislation on Wednesday to move members of the legislative assembly (MLA) to a shared-risk pension plan.
Ontario has exempted American government securities from the pension law 10% diversification limit, according to a Pension Alert from Borden Ladner Gervais.
The Canadian retirement system is unproductive and inefficient, but how do we tame this administrative beast without toppling the entire system? Taming it requires simplicity,…
The Government of Alberta will scale back some of its proposed changes to public sector pension plans announced in September.
The Rhode Island government and attorneys representing public employee unions and retiree coalitions challenging changes to the state's pension system have reached a settlement agreement…
The Government of Ontario has proposed a regulatory amendment that would modify one of the quantitative investment limits that apply to registered pension plans in…
Ontario's finance minister has asked the rest of Canada "to collaborate on options to improve supplementary retirement income for workers."
The Supreme Court of Canada has upheld a lower court ruling that the pension surplus that existed when Manitoba Telephone Services was privatized in 1997…
The province of Ontario expects to announce details of its provincial pension plan in a few months, according to the premier.
The Government of Ontario has assembled an advisory group to advise it on how to strengthen retirement income security.