As the Northern Transportation Co. Ltd. seeks protection from its creditors amid financial difficulties, the Public Service Alliance of Canada and the Union of Canadian…
As negotiations continue between Canada Post and the Canadian Union of Postal Workers, the strike action that was to start from midnight on Sunday has…
A report released by the Office of the Superintendent of Financial Institutions this month projects that the federal government’s plan to cancel the increase in the…
For all it’s worth, I have already given the recent Canada Pension Plan enhancement a passing grade. As I noted in our firm’s July report…
Baby boomers are almost as likely as millennials to find online apps and tools useful for managing retirement savings, according to a survey by Willis Towers Watson.…
Talks between Canada Post and the Canadian Union of Postal Workers have stalled once again, hours before the union’s strike mandate expires at midnight. “If…
With escalating drug costs and the strain of retiree benefits dragging down balance sheets, it’s no wonder employers are looking for creative ways to limit…
British Columbia’s defined benefit pension plans continue to face funding challenges as solvency deficits mount, according to a report released last week by the Financial…
Was the government’s decision to restore eligibility for old-age security to age 65 the correct choice? Tabled in March, the federal budget cancelled provisions in…
Cancelling the increase in the age of eligibility for old-age security benefits would raise total program expenditures by $10.4 billion by 2030, according to a…
Even Wall Street workers are unhappy with how their retirement plans are run. A participant in Morgan Stanley’s 401k plan filed a lawsuit Friday in…
An NDP private member’s bill that proposes raising the retirement benefit payments made to the families of deceased Canadian Forces and Royal Canadian Mounted Police…
The Ontario Teachers’ Pension Plan Board has lost its appeal of a decision ordering it to pay more than $1 million to a former senior investment employee. The…
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…
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.…
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…
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…