The federal government is appealing a B.C. court ruling in a dispute over whether the British Columbia Investment Management Corp. (bcIMC) owes it more than…
Manitoba is launching public consultations to hear ideas and suggestions on enhancements to the Canada Pension Plan. The province had originally opted out of the…
As defined contribution plans mature and members retire, the pension industry may want to look abroad for solutions to the decumulation dilemma, participants at an…
All of Canada’s members of Parliament and the entire cabinet will be forced to make retroactive payments into their pension plans following technical glitches in…
Solid performance from equities and long-duration domestic bonds in the third quarter of 2016 boosted returns for Canadian defined benefit pension plans, according to a…
Whenever the Canada Pension Plan is amended, the chief actuary must prepare a supplementary actuarial report has to be prepared on it. That report, released…
Following the federal government’s announcement yesterday of its plans to invest in infrastructure, one of Canada’s largest pension funds is advising the government that the…
The deal to sell U.S. Steel Canada Inc. to U.S.-based holding company Bedrock Industries Group LLC has been confirmed, a transaction that was proposed in…
The McInnis Cement plan project, a collaboration between Caisse de dépôt et placement du Québec and other shareholders, is close to 75 per cent completed…
The Canada Revenue Agency has announced an increase of $400 (from $54,900 in 2016 to $55,300 in 2017) to the maximum pensionable earnings under the…
Thirty minutes after its midnight deadline, Ford Motors Company and Unifor reached a tentative agreement that reinforces the economic pattern established with General Motors of…
Leading defined contribution pension plan sponsors are shifting their focus from building account balances to building income adequacy. This outcomes-based approach means plan sponsors need…
The City of Winnipeg will soon approach police unions about amending their defined benefit pension plan as it struggles to keep it afloat, according to…
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…
A story on how private payers are implementing preferred pharmacy networks to reduce benefits plan costs was the most-read story on BenefitsCanada.com this week. Here…
Hundreds of Albertans turned out for a meeting in Edmonton last week to hear officials from the Canada Pension Plan Investment Board discuss the state…
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.…
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,…
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…
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…
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…