Is the supplementary pension plan back?
Canada’s top pension guru said his idea for a supplementary pension plan has risen again.
- By: Brooke Smith
- February 20, 2014 September 13, 2019
- 11:53
Canada’s top pension guru said his idea for a supplementary pension plan has risen again.
When faced with issues regarding the sustainability of its DB pension plan, Saint John Energy, an electrical distribution utility servicing the City of Saint John,…
Canadians nearing retirement are confident they have enough money to live the retirement lifestyle they desire, but many do not know how much retirement income…
The California Public Employees’ Retirement System board of administration has approved new demographic assumptions, which it says are designed to ensure greater sustainability and soundness…
Replacement income levels generated by capital accumulation plans increased to 64% in the fourth quarter of 2013, according to Eckler’s Capital Accumulation Plan Income Tracker.
The Rhode Island government and attorneys representing public employee unions and retiree coalitions challenging changes to the state's pension system have reached a settlement agreement…
With 2013 well and truly over, a number of us begin to prepare for committee meetings—if they haven’t already been held—to discuss performance. Supported by…
A report by Alberta's auditor general finds that while public sector pension plan boards have implemented risk management systems, there's no clear responsibility for coordinating…
The Canadian Institute of Actuaries has issued the first-ever mortality tables and mortality improvement scales that are based on pensioner mortality experience in this country.
As part of the ongoing reforms to the Ontario Pension Benefits Act, major changes were made to Ontario’s pension asset transfer rules, effective Jan. 1,…
The difference between public and private sector wages for equivalent jobs in Ontario—after a decade of steady increase—currently costs more than $1 billion a year…
MFS Investment Management Canada Ltd. has announced changes to its Canadian LifePlan Funds to address home-country investment bias.
Sun Life Financial has launched a new online program that incorporates a gamification strategy to engage workers in learning more about their workplace retirement and…
More than £50 billion in U.K. pension benefits were at risk of being misplaced in abandoned accounts or scattered across multiple lost pots in 2023,…
Employees of Candu Energy Inc., Canadian Nuclear Laboratories and Global First Power are joining the Colleges of Applied Arts and Technology’s DBplus pension plan. Unionized…
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…
In its 2024 budget on Tuesday, the Ontario government reiterated its support for a provincial infrastructure bank to leverage public sector pension investments. The bank,…
Ford of Canada’s recent transfer of $923 million in pension liabilities to Desjardins Group, RBC Insurance and Sun Life Assurance Co. of Canada augurs well…
The Financial Services Regulatory Authority of Ontario is appointing Andrew Fung as executive vice-president of pensions, effective March 11, 2024. Fung first joined the Financial…
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…
Retirement benefits paid out by the Ontario Municipal Employees Retirement System accounted for 9.3 per cent of retirement income in Ontario in 2023, according to…
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…