Median solvency ratio of Ontario pension plans rises 2%: FSCO
The median solvency ratio for Ontario’s defined benefit pension plans has risen two per cent, from 78 per cent to 80 per cent since Mar.…
- By: Staff
- July 20, 2016 September 13, 2019
- 09:30
The median solvency ratio for Ontario’s defined benefit pension plans has risen two per cent, from 78 per cent to 80 per cent since Mar.…
Canada ranks 10th in a list of countries that provide the best retirement security, according to the latest global retirement index published today by Natixis…
With cost containment a key concern for sponsors of benefit and pension plans, are you planning on making changes to your plan design in the…
The top post-Brexit concern among defined benefit pension plans is the need for employers and trustees to discuss funding impact, cited by 58 per cent…
When you reach the cusp of retirement, you’re no doubt aware the Canada Pension Plan and Old Age Security provide much of the financial bedrock…
With 25,000 members and $4 billion in assets, British Columbia’s College Pension Plan is by far the smallest of the province’s four multi-employer public sector…
The expanded Canadian Pension Plan will bring only a slightly higher rate of return for retirees — 2.5 per cent in the expanded plan compared…
The U.S. Department of Labor, the Internal Revenue Service and the Pension Benefit Guaranty Corporation are seeking public comments on proposed revisions to modernize and…
The Canada Pension Investment Board and Wolf Midstream Inc. have signed an agreement to acquire a 50 per cent ownership of a pipeline in northeastern…
More rule-making powers for a new regulator touted in a recent report to take over the duties of the Financial Services Commission of Ontario should…
Nearly half (48 per cent) of working-age Canadians are not saving for retirement, according to a global report by HSBC. The report, which surveyed more…
IBM has been ordered to pay more than $23 million to 451 active and retired employees of its plant in Bromont, Que., a decade after…
Starbucks is launching an online health benefits platform, doubling its annual stock award program and raising base pay by at least five per cent for…
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…