Target practice
For sponsors concerned about the affordability and sustainability of DB plans, a target benefit plan might just hit the spot
- By: Ian Markham and Dylan Moser
- January 13, 2014 September 13, 2019
- 07:00
For sponsors concerned about the affordability and sustainability of DB plans, a target benefit plan might just hit the spot
Last year was a dream come true for pension funds, and 2014 may be another good year.
The largest corporate DB plans in the United States had a strong 2013, and it's possible that they could reach fully funded status by the…
Members of Boeing's machinists union have accepted a new contract that includes freezing the DB plan and the introduction of a DC plan.
Over the past few years, many plan sponsors have sought to de-risk their DB pension plans. This has manifested itself in different ways—from simply diversifying…
A revised agreement on social security between Canada and Norway came into force at the beginning of the year.
Canadian DB pension plans' solvency continued to improve significantly in the fourth quarter of 2013 and ended the year in a much stronger position than…
The pension funded status of the largest corporate sponsors in the United States increased sharply in 2013 due primarily to rising interest rates (which lowered…
The solvency health of Canadian pension plans continued to improve sharply in the fourth quarter of 2013 due to strong equity returns and rising long-term…
Men are from Mars and women are from Venus, right? Well, it turns out this claim also holds true for retirement planning.
More American DC plan members are investing in target-date funds over time.
A California court has blocked San Jose from cutting pension benefits for the city's workers—even though the reductions were approved by voters.
This year was an interesting one for the pension industry. It seemed as though Canada Pension Plan expansion was going to happen, but it didn't…
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…
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…
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…
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…
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…