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Alberta scales back changes to public sector pensions

Alberta scales back changes to public sector pensions

The Government of Alberta will scale back some of its proposed changes to public sector pension plans announced in September.

  • By: Staff
  • February 27, 2014 September 13, 2019
  • 10:04
Plan members unfamiliar with investment options

Plan members unfamiliar with investment options

One-third of Americans who participate in an employer-sponsored retirement plan say they are not familiar with the investment options in their plan, according to a…

  • By: Staff
  • February 27, 2014 September 13, 2019
  • 10:03
Pension buyouts less expensive in Canada

Pension buyouts less expensive in Canada

Canada is the cheapest location to insure retiree DB pension obligations and the United Kingdom is the most expensive location, according to data produced by…

  • By: Staff
  • February 26, 2014 September 13, 2019
  • 09:08
Mandatory provincial pension could make retirement more secure

Mandatory provincial pension could make retirement more secure

Morneau Shepell suggests a new government-sponsored pension program at the provincial level as a way to improve the retirement system.

  • By: Staff
  • February 25, 2014 September 13, 2019
  • 11:25
Detroit’s pensioners to take hit

Detroit’s pensioners to take hit

Detroit's bankruptcy plan has proposed slashing retirees' pensions by as much as 34%.

  • By: Staff
  • February 24, 2014 September 13, 2019
  • 10:42
Is the supplementary pension plan back?

Is the supplementary pension plan back?

Canada’s top pension guru said his idea for a supplementary pension plan has risen again.

Collaboration leads to affordable pension plan solution

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,…

Near-retirees don’t know much about pensions

Near-retirees don’t know much about pensions

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…

  • By: Staff
  • February 19, 2014 September 13, 2019
  • 15:14
CalPERS adopts new demographic assumptions

CalPERS adopts new demographic assumptions

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…

  • By: Staff
  • February 19, 2014 September 13, 2019
  • 14:08
Replacement income levels generated by CAPs increase

Replacement income levels generated by CAPs increase

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.

  • By: Staff
  • February 19, 2014 September 13, 2019
  • 10:29
Rhode Island, unions reach pension settlement

Rhode Island, unions reach pension settlement

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…

  • By: Staff
  • February 18, 2014 September 13, 2019
  • 11:04
De-risking not universal

De-risking not universal

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…

  • February 14, 2014 September 13, 2019
  • 11:15
Alberta pensions need better risk management: Auditor

Alberta pensions need better risk management: Auditor

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…

  • By: Staff
  • February 14, 2014 September 13, 2019
  • 10:40

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

Feds seeking to boost domestic investments by Canadian institutional investors: budget

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…

  • By: Staff
  • April 17, 2024 April 16, 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

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…

FSRA focusing on target-benefit framework for MEPPs, sustainability of PBGF in 2024-25 annual plan

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…

  • By: Staff
  • April 17, 2024 April 16, 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

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

OPB working with employers to receive salary information of employees impacted by Bill 124

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…

  • By: Staff
  • March 12, 2024 March 13, 2024
  • 15:00

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…