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Top Stories in Pensions

N.B.’s SRPP model called “unfair”

N.B.’s SRPP model called “unfair”

The Professional Institute of the Public Service of Canada (PIPSC) says it deplores the repeal of New Brunswick's Public Service Superannuation Act (PSSA) and the…

  • By: Staff
  • December 6, 2013 September 13, 2019
  • 10:04
Federal minister against CPP expansion

Federal minister against CPP expansion

Minister of State for Finance Kevin Sorenson says expanding the Canada Pension Plan will kill jobs.

  • By: Staff
  • December 5, 2013 September 13, 2019
  • 11:15
CPP to remain financially sustainable

CPP to remain financially sustainable

According to a report, the Canada Pension Plan (CPP) is expected to be able to meet its obligations to remain financially sustainable over the long…

  • By: Staff
  • December 5, 2013 September 13, 2019
  • 10:08
Industrial Alliance to offer VRSPs to employers

Industrial Alliance to offer VRSPs to employers

Industrial Alliance will begin offering voluntary retirement savings plans to employers in July.

  • By: Staff
  • December 4, 2013 September 13, 2019
  • 10:13
Illinois lawmakers approve pension reform

Illinois lawmakers approve pension reform

Illinois lawmakers have passed a pension reform bill intended to erase the state's US$100-billion ($106.6-billion) liability.

  • By: Staff
  • December 4, 2013 September 13, 2019
  • 09:54
Detroit allowed to cut pensions in bankruptcy

Detroit allowed to cut pensions in bankruptcy

A United States bankruptcy judge has ruled that Detroit is eligible for credit protection and allowing the city to make cuts to its pensions.

  • By: Staff
  • December 3, 2013 September 13, 2019
  • 16:21
Quebec passes VRSP legislation

Quebec passes VRSP legislation

Quebec's National Assembly has passed Bill 39, which creates voluntary retirement savings plans (VRSPs) in the province.

  • By: Staff
  • December 3, 2013 September 13, 2019
  • 16:11
Australia offers lessons as Canada mulls over pension reform: study

Australia offers lessons as Canada mulls over pension reform: study

As Canada contemplates whether or not to expand its public pension system, it can learn from the experience of Australia, which has managed to increase…

Funded status of U.S. plans hits five-year high

Funded status of U.S. plans hits five-year high

The funded status of the typical U.S. corporate pension plan in November improved 2.1 percentage points to 93.9%, which was the highest level since September…

  • By: Staff
  • December 3, 2013 September 13, 2019
  • 11:52

Reforming Canada’s pension system

Expanding the Canada Pension Plan will help address the continuing decline of workplace pensions, said the national president of the Canadian Union of Public Employees.

Union upset with P.E.I.’s immunity from grievances

Union upset with P.E.I.’s immunity from grievances

The biggest public sector union on Prince Edward Island, the Union of Public Sector Employees, has filed a grievance in response to a controversial change…

  • By: Staff
  • December 3, 2013 September 13, 2019
  • 08:51
CFPA, NAV Canada reach new collective agreement

CFPA, NAV Canada reach new collective agreement

The Canadian Federal Pilots Association, a union representing professional pilots employed in federal government aviation, and NAV Canada, the country's private sector provider of civil…

  • By: Staff
  • December 2, 2013 September 13, 2019
  • 16:11
ACPM suggests new funding regime for DB plans

ACPM suggests new funding regime for DB plans

The Association of Canadian Pension Management says a new funding model must be developed to preserve single-employer DB plans.

Quebec seeks to increase VRSP uptake through minimum contribution rates, new investment options

In its 2026 budget, the Quebec government said it intends to enhance the appeal of voluntary retirement savings plans amid low uptake of the savings…

  • By: Staff
  • April 6, 2026 April 6, 2026
  • 15:00

AI gaining foothold with younger savings plan members, email remains preferred communications tool: survey

More than half (56 per cent) of plan members say email is the most effective way to communicate with them about their savings plans, according…

Coverage of the 2026 Employee Savings Summit

In its sophomore year under the Employee Savings Survey banner, Benefits Canada’s annual check in with plan members about their financial priorities and the condition of…

Survey finds Canadians estimate they need an average of $976,835 to retire

Canadian plan members reported a significant drop in the amount they believe they need to retire — from roughly $1.4 million in 2023, 2024 and…

Ontario proposing increase to PBGF’s monthly guarantee limit, cost reductions for pension plan administrators

In its 2026 budget on Thursday, the Ontario government proposed doubling the pension benefits guarantee fund’s monthly guarantee limit from $1,500 to $3,000 for all…

Sounding Board: How SERPs can support financial wellness, retirement readiness

The bankruptcy of the Hudson Bay Co. and subsequent loss of promised supplemental employee/executive retirement plan benefits to executives has caused many to rethink the…

What can DC pension committees learn from DB plan governance?

Bell Canada’s defined benefit and defined contribution pension plans are both overseen by the same pension committee. The meeting cadences differ, but the committee leans…

Communication key to reinforcing value of workplace retirement plans: report

Employers can reinforce the value of their workplace retirement plans by communicating to plan members about the importance of having money later versus money now,…

  • By: Staff
  • March 5, 2026 March 4, 2026
  • 09:00

Pension Awareness Day 2026: FSRA highlighting plan member education, retirement readiness

The Financial Services Regulatory Authority of Ontario is marking its fourth annual Pension Awareness Day today by encouraging employees to understand their employer-sponsored retirement plan…

  • By: Blake Wolfe
  • February 19, 2026 February 18, 2026
  • 09:00

Amazon Canada’s new estate planning benefit key to financial wellness win

Amazon Canada’s commitment to unique financial wellness offerings led to a win at Benefits Canada‘s 2024 Workplace Benefits Awards on Oct. 18. The technology company was…

Admiral Insurance’s benefits program awarded for balancing innovation, sustainability

Admiral Insurance’s award-winning benefits program is demonstrating how employers can use versatility to strike a fine balance between finding innovative solutions and maintaining plan sustainability. The…

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…

  • By: Sadie Janes
  • December 4, 2023 December 1, 2023
  • 09:00