Ontario’s new pension plan merger rules under new versions of section 80 (sale of business) and 81 (same employer mergers) of the Pension Benefits Act…
The federal New Democratic Party is proposing to expand the Canada Pension Plan (CPP) and Quebec Pension Plan (QPP).
A survey shows that an expanded Canada/Quebec Pension Plan (C/QPP) is considered to be the best way to improve Canada's retirement income system.
The Ontario Ministry of Finance has released a discussion paper on pooled registered pension plans (PRPPs).
The Professional Institute of the Public Service of Canada (PIPSC) says it deplores the repeal of New Brunswick's Public Service Superannuation Act (PSSA) and the…
Minister of State for Finance Kevin Sorenson says expanding the Canada Pension Plan will kill jobs.
According to a report, the Canada Pension Plan (CPP) is expected to be able to meet its obligations to remain financially sustainable over the long…
Industrial Alliance will begin offering voluntary retirement savings plans to employers in July.
Illinois lawmakers have passed a pension reform bill intended to erase the state's US$100-billion ($106.6-billion) liability.
A United States bankruptcy judge has ruled that Detroit is eligible for credit protection and allowing the city to make cuts to its pensions.
Quebec's National Assembly has passed Bill 39, which creates voluntary retirement savings plans (VRSPs) in the province.
As Canada contemplates whether or not to expand its public pension system, it can learn from the experience of Australia, which has managed to increase…
The funded status of the typical U.S. corporate pension plan in November improved 2.1 percentage points to 93.9%, which was the highest level since September…
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…