Time to change the OAS indexing formula?
After a number of false starts (and there may be more yet), the goal of pension reform in Canada seems to have zeroed in on…
- By: Fred Vettese
- June 18, 2014 September 13, 2019
- 10:08
After a number of false starts (and there may be more yet), the goal of pension reform in Canada seems to have zeroed in on…
The Government of Quebec says the province's municipal pensions are underfunded by $3.9 billion and has introduced a bill to try to fix the problem.
Standard Life has launched a new reporting tool developed to enhance information delivery capabilities for sponsors of group pension plans and their advisors.
Ontario Premier Kathleen Wynne plans to re-introduce last month's budget within 20 days after voters gave her a majority mandate on Thursday night.
The Government of Nova Scotia and the Nova Scotia Teachers Union have agreed to changes to the Teachers' Pension Plan.
NCR Corp. is offering a voluntary lump sum payment option to certain former employees or beneficiaries currently receiving a monthly benefit from its American pension…
The largest Canadian corporate pension plans are now nearly fully funded, and some plans are beginning to take steps to de-risk, according to a report.
Among American DC plans automatically enrolling employees, the majority also automatically increase their contribution rate annually, setting up a growing number of employees for healthier…
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.
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…
A story on how private payers are implementing preferred pharmacy networks to reduce benefits plan costs was the most-read story on BenefitsCanada.com this week. Here…
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.…
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,…
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…
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…
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…