How CAAT connects with plan members
At the Colleges of Applied Arts and Technology (CAAT) Pension Plan (No. 29), those charged with overseeing the retirement savings of nearly 34,000 plan members…
- By: Neil Faba
- June 27, 2012 September 13, 2019
- 10:09
At the Colleges of Applied Arts and Technology (CAAT) Pension Plan (No. 29), those charged with overseeing the retirement savings of nearly 34,000 plan members…
After stronger market performances in 2009 and 2010, returns took a turn for the worse in 2011. The TSX declined by 11%, and lower interest…
Contribution requirements for many DB pension plans are being driven by the plans’ solvency position. The financial crisis of 2008 and early 2009, along with…
As of July 1, 2012, the maximum basic OAS pension benefit paid to people 65 years of age and older will increase by 0.9% to…
The same can be said for retirement planning. While the fundamentals remain the same, technology can be a game changer for plan sponsors that want…
Canadians have to save significantly less than Americans for retirement because they have lower healthcare costs.
Economic turmoil has dealth pension plans a hard blow in recent years, with both DB and DC plans struggling to deliver sustainable retirement benefits. The…
CARP appears to be getting little industry support in its resistance to the federal government’s raising OAS eligibility from age 65 to age 67.
Great-West Life has launched a new website, at vrsp-greatwestlife.com, to help Quebec businesses set up their company’s voluntary retirement savings plans (VRSPs), once legislation has…
The Quebec government’s new regulation regarding temporary solvency relief measures for DB pension plans comes into effect today.
Canada's Pooled Registered Pension Plans Act was passed by the House of Commons yesterday.
Murray Gold’s first day of work with Koskie Minsky LLP coincided with the start of the case Re Collins and Pension Commission of Ontario (the…
Research by Aon Hewitt has found that workers may finally be making progress in closing the gap between the amount of money they need in…
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…
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…
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,…
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…
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…
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…
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…
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,…
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…
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 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…
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…