The Canadian Institute of Actuaries has responded to Nova Scotia’s consultation on a new defined benefit pension funding framework, including how a target-benefit funding model could…
Canada’s demographic picture has changed significantly since the launch of the Canada Pension Plan in 1966. With census data showing more single-person households, is it time…
The Pension Commission of Manitoba has raised the possibility of allowing for shared-risk plans as the province announces consultations on pension reforms ahead of planned…
Almost all Canadian middle-class families will see more money coming off their paycheques by the time changes to the Canada Pension Plan take full effect, according to a…
The Canadian Institute of Actuaries has published a new mortality improvement scale as part of an effort to better reflect Canadians’ increased longevity and harmonize actuarial work in…
The government is introducing automatic enrolment for the guaranteed income supplement benefit beginning this month. The automatic enrolment means that, each month, up to 17,000…
Do seniors actually experience price inflation differently than other age groups in Canada? A policy suggestion that was part of the Liberal campaign platform in…
The California State Teachers’ Retirement System and U.S. investment manager Jana Partners have sent an open letter to Apple Inc. encouraging the company to address…
Organizations representing Canada’s veterans say the government’s announcement of the long-awaited lifelong disability pensions has failed to live up to the Liberal’s election promise. Veterans…
The Ontario Energy Board is ordering Ontario Power Generation Inc. to cut a substantial amount from its pensions and benefits costs by 2021. In a report published last…
Members of the Youth Services Bureau of Ottawa pension plan have voted in favour of joining the Colleges of Applied Arts and Technology pension plan as of Jan.…
Canada’s defined benefit pension plans moved into a stronger solvency position by year end 2017, largely due to strong equity markets. The Mercer pension health…
If there’s one thing that’s clear about pension reform in 2018, it’s that sponsors will have their hands full, particularly in Ontario. “There’s no question…
While more than two-thirds (69 per cent) of private sector workers in the U.S. have access to an employer-sponsored retirement savings plan, just half (52…
In anticipation of 25 per cent to 35 per cent growth in Canada by the end of 2024, restaurant chain Chipotle Mexican Grill Inc. is making…
A story on how Organon Canada is supporting women employees at every stage of their career was the most-read story on BenefitsCanada.com. Here are the top…
An article on how employers are enhancing their benefits packages to boost talent attraction and retention was the most-read story on BenefitsCanada.com this past week.…
An Ontario Superior Court ruling that allowed IBM Canada Ltd. to retrospectively rectify drafting errors that created unintended additional pension benefits for employees on disability…
In its 2024 budget on Tuesday, the federal government announced a new working group dedicated to encouraging increased domestic investments by Canadian institutional investors. Former…
Only a third (31 per cent) of U.K. pension plan members say they have sufficient retirement savings, down slightly from 32 per cent in 2022,…
Clear and flexible regulations that reflect the nature and diversity of target-benefit plans would allow these plans to thrive, according to a new report from…
The Ontario Pension Board is working closely with employers to receive updated salary information from public sector workers that may have been impacted by the…
As Ontario prepares to introduce pay transparency legislation, it’s important for employers to consider how much information they want to share in job postings, says…
Desjardins Insurance is marking Financial Literacy Month with a series of budgeting workshops for employees and an interactive game to help improve financial literacy. The…
Many plan members are experiencing risk factors related to poor mental, physical and financial well-being, but often don’t know they can turn to their benefits…