The Canadian Federal Pilots Association, a union representing professional pilots employed in federal government aviation, and NAV Canada, the country's private sector provider of civil…
The Association of Canadian Pension Management says a new funding model must be developed to preserve single-employer DB plans.
Michelin Canada will freeze its DB plan starting Jan. 1, 2016, and replace it with an enhanced DC plan.
It was, literally, a big deal when the Canadian Wheat Board (CWB) off-loaded the risk of its underfunded DB pension plan to Sun Life Financial…
Shortly after the Ontario Teachers’ Pension Plan (Teachers’) sold its majority stake in Maple Leaf Sports and Entertainment (MLSE) to Rogers—owner of Benefits Canada—and BCE,…
Over the last few years, a lot of time has been spent enticing employees to become more engaged in retirement planning. While engagement is still…
The debate about whether to increase the size of the Canada Pension Plan (CPP) benefits through higher contributions is heating up as the country awaits…
Target benefit plans may be the answer to many problems facing pension plan design, according to a white paper.
Lawmakers in Illinois say they have reached a tentative agreement to fix the state's US$100-billion ($105.8-billion) unfunded pension liability.
The outgoing CEO of PSA Peugeot Citroën will give up the €21-million ($30.2-million) pension he’s entitled to after union and government leaders criticized the benefit…
With the end of 2013 in sight, I can safely say “de-risking” is this year’s hottest pension buzzword. What, though, do I mean by de-risking,…
Before stopping a payment of pension benefits to a retiree or survivor, the Office of the Superintendent of Financial Institutions says plan administrators are expected…
A majority of Canadians are in favour of expanding the Canada Pension Plan, according to a poll.
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…
Simply put, a glide path is a calculation designed to support an employee’s desired retirement timeline through investments in a target-date fund. When an employee…
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…
A renewed call for increased domestic investments by Canadian pension plans isn’t surprising amid an ongoing discussion around the role of investment organizations in supporting the…
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…