Jo-Ann Hannah is director, pensions and benefits, with Unifor, Canada’s largest private sector union. She provides an organized labour perspective on ensuring adequate retirement income…
The market value of Canadian employer-sponsored pension funds totalled $1.3 trillion at the end of the fourth quarter of 2013, up 5.8% from the third…
Last month, the Ontario government presented its budget that included the Ontario Retirement Pension Plan (ORPP). I don’t have all the details, not because I…
The Office of the Superintendent of Financial Institutions (OSFI) has issued a policy advisory to administrators of federally regulated DB pension plans that are considering…
All stakeholders—government, unions, business and citizens—need to focus on cooperating to achieve a sustainable system to fund pensions in the future.
The funded status of Canadian pension plans has declined slightly.
The funded status of the typical U.S. corporate pension plan fell 0.4 percentage points in May 2014 to 90.6%, a new 2014 low.
Target date funds offer DC plan members a single, convenient investment solution. An asset allocation trajectory known as a glide path automatically and gradually shifts…
The Regina Police Service has developed a target benefit pension plan for more than 500 police officers and staff with assistance from Aon Hewitt.
As I pointed out in this space a few months ago, target benefit, shared-risk and multi-employer plans all belong to the same genus of pension…
For DJ Galvanizing Corp., getting employees to take responsibility for their DC pension plan means educating them one on one
When it comes to your pension plan, don’t get bogged down in the swamp. Make sure you have a clear vision.
Go beyond social media to get your younger DC plan members plugged in and engaged
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…
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…
Simply put, a glide path is a calculation designed to support an employee’s desired retirement timeline through investments in a target-date fund. When an employee…
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 2024-25 annual plan, the Financial Services Regulatory Authority of Ontario is focusing on assessing and mitigating systemic and high-priority risks in the province’s…
A renewed call for increased domestic investments by Canadian pension plans isn’t surprising amid an ongoing discussion around the role of investment organizations in supporting the…
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…
The University Pension Plan is launching a new web portal to prioritize plan member engagement throughout the year. “Transparency is an important value to our…
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…