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P.E.I. presses ahead with public pension reform

P.E.I. presses ahead with public pension reform

Prince Edward Island reaffirmed its plans to make changes to its public sector pensions in this week's throne speech.

  • By: Staff
  • November 14, 2013 September 13, 2019
  • 10:33
More job changers keep retirement savings

More job changers keep retirement savings

When workers change jobs, an increasing number appear to be leaving their retirement savings intact, according to the Employee Benefit Research Institute.

  • By: Staff
  • November 14, 2013 September 13, 2019
  • 10:32
Brighter days

Brighter days

With market returns increasing, interest rates on the rise and funded status for DB plans improving, the environment may be right for de-risking

Why CPP expansion is inevitable

I am now going to publicly flip-flop and add my voice to calls for CPP expansion, which I now believe to be an inevitable development.

  • By: Greg Hurst
  • November 13, 2013 September 13, 2019
  • 12:48
Wynne says pensions need to be improved

Wynne says pensions need to be improved

Ontario Premier Kathleen Wynne warns that unless retirement incomes are improved, Canada will suffer the consequences.

  • By: Staff
  • November 13, 2013 September 13, 2019
  • 12:48
Teachers’, OMERS encouraged by Ontario economic statement

Teachers’, OMERS encouraged by Ontario economic statement

The Ontario Teachers' Pension Plan and OMERS are pleased with the Government of Ontario's decision to modernize investment rules for large pension plans.

  • By: Staff
  • November 11, 2013 September 13, 2019
  • 10:14
Ontario plans to improve retirement income system

Ontario plans to improve retirement income system

In its fall economic statement, the Government of Ontario said it would take steps to make the province's retirement income system better.

  • By: Staff
  • November 11, 2013 September 13, 2019
  • 10:12
Flaherty likes expanded CPP, but not now

Flaherty likes expanded CPP, but not now

Finance Minister Jim Flaherty supports an expanded Canada Pension Plan but not while the economy is still in recovery mode.

  • By: Staff
  • November 8, 2013 September 13, 2019
  • 10:09
New accounting disclosure requirements focus on risk assessment

New accounting disclosure requirements focus on risk assessment

Many Canadian companies will soon start preparing disclosures for their fiscal year-end corporate financial statements. For most organizations that account for their pension and other…

  • November 8, 2013 September 13, 2019
  • 10:08
Contribution levels play larger role for DC plan members

Contribution levels play larger role for DC plan members

Individual investment strategies have less of an impact on DC members' replacement income than plan contributions and interest rates, according to Eckler's Capital Accumulation Plan…

  • By: Staff
  • November 7, 2013 September 13, 2019
  • 16:01
Public sector plans consider making changes

Public sector plans consider making changes

While there is a strong commitment to DB plans in the public sector, a survey finds that many Canadian plan sponsors are looking at ways…

  • By: Staff
  • November 7, 2013 September 13, 2019
  • 10:49
Bentall Kennedy offers real estate fund for DC plans

Bentall Kennedy offers real estate fund for DC plans

Bentall Kennedy has launched a new real estate investment fund, which will be available only to members of DC pension and savings plans provided by…

  • By: Staff
  • November 7, 2013 September 13, 2019
  • 10:06
Are occupational pensions too high?

Are occupational pensions too high?

This past summer, the employer members of OMERS proposed cutting the basic pension formula from 2% of final average pay (on earnings over the year’s…

52% of U.S. private sector workers with employer-sponsored retirement plans say they contribute: survey

While more than two-thirds (69 per cent) of private sector workers in the U.S. have access to an employer-sponsored retirement savings plan, just half (52…

  • By: Staff
  • April 29, 2024 April 29, 2024
  • 15:00

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

Public meeting in Edmonton attracts hundreds amid talk of province’s CPP withdrawal

Hundreds of Albertans turned out for a meeting in Edmonton last week to hear officials from the Canada Pension Plan Investment Board discuss the state…

  • By: Staff
  • April 30, 2024 April 29, 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…

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…