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Time to change the OAS indexing formula?

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…

Quebec introduces bill to reform municipal pensions

Quebec introduces bill to reform municipal pensions

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.

  • By: Staff
  • June 16, 2014 September 13, 2019
  • 11:53
Standard Life launches tool for group retirement sponsors

Standard Life launches tool for group retirement sponsors

Standard Life has launched a new reporting tool developed to enhance information delivery capabilities for sponsors of group pension plans and their advisors.

  • By: Staff
  • June 13, 2014 September 13, 2019
  • 13:52
Wynne-win for Ontario pension plan supporters

Wynne-win for Ontario pension plan supporters

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.

  • By: Staff
  • June 13, 2014 September 13, 2019
  • 11:26
Nova Scotia to makes changes to Teachers’ Pension Plan

Nova Scotia to makes changes to Teachers’ Pension Plan

The Government of Nova Scotia and the Nova Scotia Teachers Union have agreed to changes to the Teachers' Pension Plan.

  • By: Staff
  • June 13, 2014 September 13, 2019
  • 10:28
NCR trying to reduce pension obligations

NCR trying to reduce pension obligations

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…

  • By: Staff
  • June 12, 2014 September 13, 2019
  • 13:12
Health of Canada’s 25 largest pension plans improves

Health of Canada’s 25 largest pension plans improves

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.

  • By: Staff
  • June 12, 2014 September 13, 2019
  • 09:48
Auto-enrollment paying off

Auto-enrollment paying off

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…

  • By: Staff
  • June 12, 2014 September 13, 2019
  • 09:43
Improving retirement security: A labour perspective

Improving retirement security: A labour perspective

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…

Value of pensions on the rise

Value of pensions on the rise

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…

  • By: Staff
  • June 11, 2014 September 13, 2019
  • 10:52
The problem with an Ontario pension plan

The problem with an Ontario pension plan

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…

  • By: Joe Nunes
  • June 10, 2014 September 13, 2019
  • 10:42
OSFI issues advisory on longevity insurance, swaps

OSFI issues advisory on longevity insurance, swaps

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…

  • By: Staff
  • June 10, 2014 September 13, 2019
  • 10:15
Current pension system needs reform

Current pension system needs reform

All stakeholders—government, unions, business and citizens—need to focus on cooperating to achieve a sustainable system to fund pensions in the future.

  • By: Staff
  • June 9, 2014 September 13, 2019
  • 10:53

52% of U.S. private sector workers with employer-sponsored retirement plans say they contribute: survey

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…

  • By: Staff
  • April 29, 2024 April 29, 2024
  • 15:00

Chipotle expanding benefits offering to focus on career development, student debt

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…

Top 5 HR, benefits, pension and investment stories of the week

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…

  • By: Staff
  • April 19, 2024 April 18, 2024
  • 09:00

Top 5 HR, benefits, pension and investment stories of the week

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…

  • By: Staff
  • May 3, 2024 May 2, 2024
  • 09:00

Public meeting in Edmonton attracts hundreds amid talk of province’s CPP withdrawal

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…

  • By: Staff
  • April 30, 2024 April 29, 2024
  • 09:00

Top 5 HR, benefits, pensions and investment stories of the week

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.…

  • By: Staff
  • April 26, 2024 April 25, 2024
  • 09:00

Just a third of U.K pension plan members feel they’ve saved enough to retire: survey

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,…

  • By: Staff
  • April 26, 2024 April 25, 2024
  • 09:00

Ontario court sides with IBM in pension benefits rectification case

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, flexible regulations needed for target-benefit plans: report

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…

  • By: Staff
  • March 19, 2024 March 18, 2024
  • 09:00

How Ontario pay transparency legislation will impact employers

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 using budget workshops, interactive game to support employee financial wellness

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…

  • By: Sadie Janes
  • November 24, 2023 November 23, 2023
  • 09:00

2023 Healthy Outcomes Conference: A closer look at the mental, physical, financial risk factors facing plan members

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…