Pensions Page 358

Top Stories in Pensions

Air Canada hopes to eliminate pension shortfall by 2020

Air Canada hopes to eliminate pension shortfall by 2020

Air Canada may get rid of its pension plan deficit, which was $3.7 billion at the end of January, in seven years.

  • By: Staff
  • June 11, 2013 September 13, 2019
  • 10:13
Additional asset classes could improve DC plan returns

Additional asset classes could improve DC plan returns

Broadening the investment options available to American DC plans to include real assets, emerging market equities and debt, and liquid alternatives could improve returns while…

  • By: Staff
  • June 11, 2013 September 13, 2019
  • 10:00
DB plans: The sky is not falling

DB plans: The sky is not falling

Sustainability is a clichéd, overused word in the DB pension plan arena these days. Sustainability focuses on delivering an appropriate retirement benefit at an acceptable…

Illinois governor calls for pensions session

Illinois governor calls for pensions session

Following the downgrade of Illinois’s debt by a second credit rating agency, governor Patrick Quinn called for a special legislative session to address the state’s…

  • By: Staff
  • June 7, 2013 September 13, 2019
  • 09:47
Canadian pension plans’ solvency position up in May

Canadian pension plans’ solvency position up in May

The solvency position of Canadian pension plans continued to rise in May.

  • By: Staff
  • June 6, 2013 September 13, 2019
  • 11:08
Video: Lights, camera, action

Video: Lights, camera, action

AFBS hits the mark with its social media policy

Video: Providing value for plan members

Video: Providing value for plan members

The Saskatchewan Pension Plan uses social media to connect with members by providing financial-related information.

  • By: Staff
  • June 5, 2013 September 13, 2019
  • 10:35
Funded status of U.S. plans improves

Funded status of U.S. plans improves

The funded status of the typical U.S. corporate plan increased by 5.6 percentage points in May to 86.4%—the highest level in nearly two years.

  • By: Staff
  • June 4, 2013 September 13, 2019
  • 16:08
Video: Keeping plan members engaged socially

Video: Keeping plan members engaged socially

Following an education campaign for its DC plan members, Niagara Casinos wanted to keep the momentum going.

  • By: Staff
  • June 4, 2013 September 13, 2019
  • 10:11
Illinois’s credit rating cut following pension reform failure

Illinois’s credit rating cut following pension reform failure

Fitch has downgraded the state of Illinois’s credit rating one notch to A- after legislators were unable to pass public pension reforms last week.

  • By: Staff
  • June 4, 2013 September 13, 2019
  • 09:01
Video: The benefits of social media

Video: The benefits of social media

Social media will provide plan sponsors with a vast amount of useful information about their members.

  • By: Staff
  • June 3, 2013 September 13, 2019
  • 11:52
U.S. plans have a positive first quarter

U.S. plans have a positive first quarter

Institutional plan sponsors gained 4.3% in the first quarter of 2013, with strong performance in U.S. equities a key factor in overall plan returns.

  • By: Staff
  • June 3, 2013 September 13, 2019
  • 10:06
Inspiration: Ian Markham

Inspiration: Ian Markham

When it comes to retirement and pensions, one eye is always on the future. So it makes sense that Ian Markham, Canadian retirement innovation leader…

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