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Top Stories in Pensions

San Jose, unions battle over pension reform in court

San Jose, unions battle over pension reform in court

San Jose is defending itself in court this week over its proposed pension reforms.

  • By: Staff
  • July 22, 2013 September 13, 2019
  • 16:55
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

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…

Fewer plan members describing financial situation as better, worse than last year: survey

While the percentage of plan members who describe their personal financial situation as significantly or somewhat better than last year decreased from 42 per cent…

Rising life expectancy increasing liabilities, service costs for pension plan sponsors: CIA

Methodology improvements are pushing the life expectancy of Canadian retirees and surviving spouses by roughly one year to age 65 as of Jan. 1, 2024,…

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…

CAAT CEO departing following leadership crisis, paying back $1.6 million vacation payout

Derek Dobson, chief executive officer and plan manager at the Colleges of Applied Arts and Technology’s pension plan, is departing the organization following a formal…

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

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…

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