Pensions Page 383

Top Stories in Pensions

How CAAT connects with plan members

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
Top 100 Pension Funds Report: Health watch

Top 100 Pension Funds Report: Health watch

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…

  • By: Neil Faba
  • June 27, 2012 September 13, 2019
  • 10:02
Should letters of credit be part of your pension funding policy?

Should letters of credit be part of your pension funding policy?

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…

  • June 26, 2012 September 13, 2019
  • 13:49
OAS benefit to increase by 0.9%

OAS benefit to increase by 0.9%

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…

  • By: Staff
  • June 26, 2012 September 13, 2019
  • 10:19
Retirement planning goes high-tech

Retirement planning goes high-tech

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 better retirement prospects than Americans

Canadians have better retirement prospects than Americans

Canadians have to save significantly less than Americans for retirement because they have lower healthcare costs.

Target benefit plans offer better balance

Target benefit plans offer better balance

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…

  • By: Staff
  • June 21, 2012 September 13, 2019
  • 10:03

CARP’s OAS stand ignores economics

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 launches VRSP website

Great-West Life launches VRSP website

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…

  • By: Staff
  • June 20, 2012 September 13, 2019
  • 14:58
Quebec solvency relief measures in effect

Quebec solvency relief measures in effect

The Quebec government’s new regulation regarding temporary solvency relief measures for DB pension plans comes into effect today.

  • By: Staff
  • June 14, 2012 September 13, 2019
  • 09:50
PRPPA passed by House of Commons

PRPPA passed by House of Commons

Canada's Pooled Registered Pension Plans Act was passed by the House of Commons yesterday.

  • By: Staff
  • June 13, 2012 September 13, 2019
  • 14:21
Inspiration: Murray Gold shapes Canada’s pension legislation

Inspiration: Murray Gold shapes Canada’s pension legislation

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…

  • By: Neil Faba
  • June 13, 2012 September 13, 2019
  • 10:57
Helping employees to become retirement-ready

Helping employees to become retirement-ready

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…

  • By: Staff
  • June 13, 2012 September 13, 2019
  • 10:12

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