United Steelworkers Local 1998 and the University of Toronto Faculty Association have entered into a co-operation agreement to assess options for the reform of the…
We live in a digital age where we are bombarded by information at lightning speed. For many of us, it’s a struggle just to get…
Membership in registered pension plans (RPPs) rose in 2012 as more employees were enrolled in DC or hybrid plans, according to Statistics Canada.
The South Korean government has decided to make private pension plans mandatory.
It is possible to have too much of a good thing, including communication. In fact, one of the best ways NOT to communicate is to…
The National Football League Players Association is increasing pension benefits for 1,722 players who played in the league between 1993 and 1996.
A few years back, we held a session at the annual Avantages Montreal DC conference and asked the sponsor audience how likely they would get…
The Ontario Pension Board, the administrator of the Public Service Pension Plan, has entered into the pension divestment transfer agreement previously signed by OPTrust, the…
The number of old age security beneficiaries is expected to increase by 60% within the next two decades, according to a report.
Target benefit plans have been making significant inroads in the public sector of late, more so than most of us realize.
Financial services companies have the best funded DB plans, while IT and healthcare companies tend to have the lowest funded plans, according to an analysis…
Morneau Shepell Asset & Risk Management, a wholly owned subsidiary of Morneau Shepell, has completed the final step required to offer a voluntary retirement savings…
Constructing a simpler menu of investment choices can help plan sponsors' employees get more from their DC plan, according to a BMO white paper released…
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…