Canadian pension solvency ratio down in February: survey
The median solvency ratio of Canadian defined benefit pension plans stood at 80.8% as of Feb. 29, a decline of 2.1 percentage points from the…
- By: Staff
- March 4, 2016 September 13, 2019
- 09:32
The median solvency ratio of Canadian defined benefit pension plans stood at 80.8% as of Feb. 29, a decline of 2.1 percentage points from the…
The Canadian Federation of Independent Business (CFIB) is calling on the government to end the “bridge benefit” perk, an incentive for government employees who retire early.…
Though millennials have become the largest cohort in the Canadian workplace, many of those born in the 1980s and 1990s don’t have a good grasp…
Amid slow global growth, chronically low interest rates and declining commodity prices, the Healthcare of Ontario Pension Plan (HOOPP) saw its return for 2015 slide…
Nearly half (44%) of respondents approve of the Ontario Retirement Pension Plan (ORPP) as a supplement to the CPP, according to a sampling of public opinion…
The year 2016 started out with a bang, to say the least. The past year marked a transition in financial markets as the U.S. hiked…
A new study by pension provider Royal London suggests some British workers will have to work until they are 81 if they want to build up…
The Caisse de dépôt et placement due Québec has acquired a minority stake in a Paris-based food services company. The pension fund manager announced the…
The idea was compelling. With the consent of its members, we looked to merge a single-employer pension plan with a stable, jointly-governed multi-employer plan to create…
Despite many employers offering employee benefits that range from dental plans to retirement savings, the biggest problem companies have is engaging employes “to give a hoot,”…
A breakdown in negotiations around a modified pension plan for warehouse workers of Brault & Martineau has resulted in the lockout of warehouse employees, according to…
As a result of slow global growth, low interest rates and market volatility, the Ontario Municipal Employees Retirement System (OMERS) saw its net investment return…
Ontario Finance Minister Charles Sousa announced the province’s 2016 budget on Thursday, outlining a range of developments of interest to employers and benefit plan sponsors, including:…
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…