After 18 months of uninterrupted improvement, the solvency health of Canadian pension plans dipped slightly in the first quarter of 2014, according to Mercer.
More than one-third of closed DB plans in North America are considering or are very likely to carry out a pension risk transfer transaction this…
A Toronto man is accused of fraudulently collecting an estimated $197,000 in Canada Pension Plan and old age security payments.
Employment and Social Development Canada says the benefit amount for Old Age Security will stay the same for April to June.
More than one-third of Canadian DB plans were fully funded at the end of the first quarter.
Is 2014 the dawn of a new era in pension plan de-risking?
What keeps MEPP decision-makers up at night?
In the aerospace and defence business, the pension culture is very strong. At AgustaWestland—the Anglo-Italian helicopter company owned by Italy’s Finmeccanica—pensions are seen as a…
There was a time when many workers didn’t have to worry about saving money for retirement. After all, that’s what their DB pension plan was…
The Saskatchewan Pension Plan (SPP) has been called “Canada’s best-kept secret” and a “made-in-Saskatchewan success story,” with the potential to do for pension reform what…
United Technologies Corp. (UTC) knows a thing or two about building features into its products to make them last. So it’s not surprising that the…
Our 2014 DC Plan Summit explored ways to keep members on track to retire successfully—and save them from themselves.
Participation rates for eligible employees in employer-sponsored savings plans are healthy, but there is room for improvement.
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…