Michelin Canada to freeze DB plan
Michelin Canada will freeze its DB plan starting Jan. 1, 2016, and replace it with an enhanced DC plan.
- By: Staff
- December 2, 2013 September 13, 2019
- 09:09
Top Stories in Pensions
How the Canadian Wheat Board de-risked its DB plan in a unique transaction
It was, literally, a big deal when the Canadian Wheat Board (CWB) off-loaded the risk of its underfunded DB pension plan to Sun Life Financial…
- By: Yaldaz Sadakova
- December 1, 2013 September 13, 2019
- 12:09
Inspiration: Jim Leech
Shortly after the Ontario Teachers’ Pension Plan (Teachers’) sold its majority stake in Maple Leaf Sports and Entertainment (MLSE) to Rogers—owner of Benefits Canada—and BCE,…
- By: Craig Sebastiano
- December 1, 2013 September 13, 2019
- 12:01
CAP suppliers report: Behind the eight ball
Over the last few years, a lot of time has been spent enticing employees to become more engaged in retirement planning. While engagement is still…
- By: Tony Palermo
- December 1, 2013 September 13, 2019
- 11:50
CPP expansion debate heats up
The debate about whether to increase the size of the Canada Pension Plan (CPP) benefits through higher contributions is heating up as the country awaits…
- By: Yaldaz Sadakova
- November 29, 2013 September 13, 2019
- 12:57
Capital accumulation plans
Are target benefit plans the solution?
Target benefit plans may be the answer to many problems facing pension plan design, according to a white paper.
- By: Staff
- November 29, 2013 September 13, 2019
- 08:46
Illinois near deal to fix US$100-billion pension deficit
Lawmakers in Illinois say they have reached a tentative agreement to fix the state's US$100-billion ($105.8-billion) unfunded pension liability.
- By: Staff
- November 28, 2013 September 13, 2019
- 15:37
Peugeot CEO gives up €21-million pension
The outgoing CEO of PSA Peugeot Citroën will give up the €21-million ($30.2-million) pension he’s entitled to after union and government leaders criticized the benefit…
- By: Staff
- November 28, 2013 September 13, 2019
- 08:50
Pension de-risking: Behind the buzz
With the end of 2013 in sight, I can safely say “de-risking” is this year’s hottest pension buzzword. What, though, do I mean by de-risking,…
- By: Mark Firman
- November 27, 2013 September 13, 2019
- 09:08
Due diligence required before ending pension payments: OSFI
Before stopping a payment of pension benefits to a retiree or survivor, the Office of the Superintendent of Financial Institutions says plan administrators are expected…
- By: Staff
- November 26, 2013 September 13, 2019
- 16:23
Slight majority in favour of expanded CPP
A majority of Canadians are in favour of expanding the Canada Pension Plan, according to a poll.
- By: Staff
- November 26, 2013 September 13, 2019
- 08:45
OMERS pensions to increase 0.9% in 2014
OMERS has announced that pensions will increase by 0.9% as of Jan. 1, 2014.
- By: Staff
- November 25, 2013 September 13, 2019
- 10:11
Low rates just one problem pensions facing: Study
Economic growth, improved business investment and increased employment are all vital factors if Canada's pension plans are to remain viable, according to a study.
- By: Staff
- November 25, 2013 September 13, 2019
- 09:25
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…
- By: Bryan McGovern
- April 6, 2026 April 6, 2026
- 09:00
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…
- By: Benefits Canada
- April 6, 2026 April 1, 2026
- 09:00
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…
- By: Sonya Singh
- April 2, 2026 April 1, 2026
- 09:00
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…
- By: Blake Wolfe
- March 27, 2026 March 27, 2026
- 09:00
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…
- By: Roy W. Craik
- March 11, 2026 March 10, 2026
- 09:00
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…
- By: Kelsey Rolfe
- March 6, 2026 March 6, 2026
- 08:54
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…
- By: Bryan McGovern
- October 28, 2024 November 6, 2024
- 09:00
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…
- By: Lauren Bailey
- October 25, 2024 November 6, 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…
- By: Sadie Janes
- December 4, 2023 December 1, 2023
- 09:00