Changes to St. John’s pension plan, which doesn’t require councillors to contribute, were approved unanimously during a council meeting earlier this week.
Citigroup has sold the group pension fund of Electric and Musical Industries (EMI), a former music company, to the Pension Insurance Corporation, completing the biggest…
Oregon has decided against establishing a retirement savings plan for private sector workers.
Today, most plan sponsors’ contributions to their DB plans are being driven by the results of their pension plans’ solvency valuations.
When planning for retirement, women are more affected by emotions and less involved in decision-making, compared to their male counterparts, according to a study by…
The Ontario government has released draft regulations concerning asset transfers between pension plans in the context of corporate reorganizations, including the sale of a business.
Canada’s seniors now have the option to delay receiving their old age security for up to five years past the age of eligibility.
Many DB plans around the world, including Canada, are in bad shape, according to a study.
The employee and employee sponsors of the Regina Civic Pension and Superannuation Plan have finalized a letter of intent to address the pension deficit.
Employee participation in company DC plans in the United States is at an all-time high, and plan balances have reached pre-recession levels, according to a…
Two reports from the United States show that the funded status of American DB plans improved in the second quarter.
Benefits Canada, Avantages and Rogers Connect Market Research group are proud to announce that the 2012 CAP Member Survey, Improving Adequacy: A Secure Retirement for…
Canada’s DB plans are in a stronger position than they were three months ago, according to two different consultant reports.
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…
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…
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…
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…
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.…
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,…
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 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…
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…