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Canadian Coca-Cola workers keep DB plan

Canadian Coca-Cola workers keep DB plan

Workers at a Coca-Cola bottling plant in Brampton, Ont., will keep their DB plan and have approved a new three-year deal, officially ending a three-week-long…

  • By: Staff
  • July 22, 2013 September 13, 2019
  • 10:23
A million U.K. workers auto-enrol in pensions

A million U.K. workers auto-enrol in pensions

One million workers in the United Kingdom now automatically have access to a company pension, according to the U.K. regulator of work-based pension plans, The…

Discount rates continue to decline

Discount rates continue to decline

The discount rates used by Canadian pension plans have declined for the fourth consecutive year.

  • By: Staff
  • July 19, 2013 September 13, 2019
  • 10:42
Detroit pension funds dismayed by bankruptcy filing

Detroit pension funds dismayed by bankruptcy filing

Two of Detroit’s pension funds, the General Retirement System and the Fire Retirement System, are disappointed by the city’s bankruptcy filing, which is the largest…

  • By: Staff
  • July 19, 2013 September 13, 2019
  • 10:39
Pension funds sue to block Detroit bankruptcy filing

Pension funds sue to block Detroit bankruptcy filing

Two Detroit pension funds have filed a suit against the city’s emergency manager and the governor of Michigan to try to prevent Detroit from filing…

  • By: Staff
  • July 18, 2013 September 13, 2019
  • 15:18
Greater fee disclosure has little impact on plan members

Greater fee disclosure has little impact on plan members

New fee disclosure regulations in the United States have had a negligible effect on members of employee-sponsored retirement plans, according to a study.

Have you claimed your GST/HST credits on pension plan expenses?

Have you claimed your GST/HST credits on pension plan expenses?

The cloud of complex new GST/HST rules affecting pension plans that came into effect in 2010 has a significant silver lining for many pension plan…

  • By: Greg Hurst
  • July 17, 2013 September 13, 2019
  • 10:18
“Grand bargain” needed for C/QPP reform

“Grand bargain” needed for C/QPP reform

As the country’s finance ministers prepare to consider options for a modest expansion of the Canada and Quebec Pension Plans, a new study makes the…

  • By: Staff
  • July 16, 2013 September 13, 2019
  • 09:24
Quebec releases draft regulation on funding relief

Quebec releases draft regulation on funding relief

The Government of Quebec has released a draft regulation concerning new relief measures for the funding of solvency deficiencies for private sector pension plans, according…

  • By: Staff
  • July 15, 2013 September 13, 2019
  • 09:59
U.S. proposal aims to shift pension risk to insurance companies

U.S. proposal aims to shift pension risk to insurance companies

In an effort to reduce growing pension liabilities in the United States, a top Republican senator has proposed a plan that would allow state and…

Illinois suspends pay for legislators until pension reform passed

Illinois suspends pay for legislators until pension reform passed

Illinois Governor Patrick Quinn has taken the unusual step of suspending pay for its representatives and senators until they can agree on how to eliminate…

CalPERS holds back launch of pension database

CalPERS holds back launch of pension database

The California Public Employees’ Retirement System has delayed the release of pension data after one of its member associations planned to pursue legislation to limit…

  • By: Staff
  • July 10, 2013 September 13, 2019
  • 15:44
Changes to St. John’s council pension approved

Changes to St. John’s council pension approved

Changes to St. John’s pension plan, which doesn’t require councillors to contribute, were approved unanimously during a council meeting earlier this week.

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

Top 5 HR, benefits, pension and investment stories of the week

A story on how private payers are implementing preferred pharmacy networks to reduce benefits plan costs was the most-read story on BenefitsCanada.com this week. Here…

  • By: Staff
  • May 3, 2024 May 2, 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

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

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…

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

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…