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OAS, GIS benefit amounts increase

OAS, GIS benefit amounts increase

Employment and Social Development Canada says the basic old age security pension benefit will increase by 0.2% to $550.99 per month for the maximum benefit…

  • By: Staff
  • September 30, 2013 September 13, 2019
  • 10:00
Detroit wants to freeze pension plans

Detroit wants to freeze pension plans

Detroit has proposed freezing the city’s two employee pension plans at the end of the year. Members of the General Retirement System and the Police…

  • By: Staff
  • September 27, 2013 September 13, 2019
  • 10:23
Goldman to acquire Deutsche’s stable value business

Goldman to acquire Deutsche’s stable value business

Goldman Sachs Asset Management has reached a deal with Deutsche Asset & Wealth Management to acquire its stable value business for an undisclosed amount.

  • By: Staff
  • September 26, 2013 September 13, 2019
  • 10:59
U.S. public pension assets reach record high

U.S. public pension assets reach record high

America’s 100 biggest public employee pension plans saw a record increase in the value of their assets during the second quarter of this year—but benefits…

  • By: Staff
  • September 24, 2013 September 13, 2019
  • 15:19
Pension legislation doesn’t always change slowly

Pension legislation doesn’t always change slowly

One of the general rules of statutory interpretation is that a statute or regulations only apply on a go-forward basis from the date of coming…

N.L. pension reform required now, board of trade says

N.L. pension reform required now, board of trade says

The St. John’s Board of Trade wants the Government of Newfoundland and Labrador to take immediate action and a set clear timeline to implement pension…

  • By: Staff
  • September 23, 2013 September 13, 2019
  • 10:20
Bond allocations: Adjusting to changing rates

Bond allocations: Adjusting to changing rates

The past few years have been difficult for DB pension plans in Canada. Continued equity market volatility and, until recently, extremely low interest rates have…

  • September 23, 2013 September 13, 2019
  • 10:20
New DB plan rules could wipe out gains

New DB plan rules could wipe out gains

Just as the outlook started to improve for DB plans, new guidance from the Canadian Institute of Actuaries could increase the solvency liabilities of indexed…

  • By: Staff
  • September 23, 2013 September 13, 2019
  • 10:20
Standard Life receives licence to provide a federal PRPP

Standard Life receives licence to provide a federal PRPP

Standard Life been issued a licence to administer a federal pooled registered pension plan.

  • By: Staff
  • September 20, 2013 September 13, 2019
  • 12:01

Quebec, N.L. have biggest pension risk: Moody’s

Both Quebec and Newfoundland and Labrador face the largest pension risk because of the size of their unfunded pension liabilities relative to their revenues, according…

  • By: Staff
  • September 20, 2013 September 13, 2019
  • 10:52
Retooling pension custody for GST/HST reporting

Retooling pension custody for GST/HST reporting

In the closing paragraph of my last column, I stated that few pension custodians currently provide adequate recordkeeping for GST/HST purposes and made the promise…

  • By: Greg Hurst
  • September 20, 2013 September 13, 2019
  • 09:57
Pension reforms won’t affect N.L. public sector retirees

Pension reforms won’t affect N.L. public sector retirees

The Government of Newfoundland and Labrador says retirees that belong to the Public Service Pension Plan and Teachers’ Pension Plan will not be affected as…

  • By: Staff
  • September 20, 2013 September 13, 2019
  • 09:00
N.B. public sector pensioners discuss SRPPs

N.B. public sector pensioners discuss SRPPs

Public sector retirees in New Brunswick are meeting this week and next to discuss the province’s decision to implement a shared-risk pension plan.

  • By: Staff
  • September 18, 2013 September 13, 2019
  • 13:40

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…