At a meeting this week, the OMERS Sponsor Corporation (SC) board voted against a proposal by employer members to reduce pension payouts to retiring members.
Alberta has extended the filing deadline for pension plan administrators as a result of flooding in the southern part of the province.
The United States Supreme Court ruled that a 1996 law that denies federal benefits to legally married same-sex couples is unconstitutional.
McKesson chairman and CEO John Hammergren would have received a lump-sum pension benefit of US$159 million had he voluntarily left the company at the end…
Ontario is making it easier for people who need to access their locked-in retirement funds by restructuring its financial hardship-unlocking program.
The president of the Canadian Labour Congress says that the federal government is deliberately trying to sabotage federal-provincial talks aimed at improving the Canada Pension…
If the federal and provincial governments decide to increase mandatory contributions to the Canada Pension Plan, Canadians may, in turn, reduce voluntary contributions to RRSPs,…
In a period when equities performed better than other asset classes, American DC retirement plan members cut their holdings in domestic equities and increased their…
The past few years for the pension industry have been difficult, to put it mildly. But for the Top 100 pension plans, things are starting…
Pension plans have had a trying time over the last few years. Stocks have taken investors for a ride, and a low interest rate environment…
Eckler Ltd. has acquired the rights to the Quantitative Service Measurement survey and its intellectual property from Corden Consulting Inc.
Today, most Canadian single employer DB pension plans have large solvency deficits, and there continues to be significant focus on the large minimum contributions required…
Federal public employees who retire early are eligible to collect a bridge benefit that can be as much as $105,000 per retiree, according to a…
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…
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…
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.…
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…
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…