Canadian Federation of Pensioners – Benefits Canada.com https://www.benefitscanada.com Canada's most influential pension and benefits publication for decision-makers Fri, 26 Apr 2024 20:02:31 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 PIAC praising CAPSA’s strategic plan for addressing regulatory inconsistency https://www.benefitscanada.com/pensions/cap/piac-praising-capsas-strategic-plan-for-addressing-regulatory-inconsistency/ Thu, 23 Mar 2023 16:30:46 +0000 https://www.benefitscanada.com/?p=135573 The Pension Investment Association of Canada is praising the Canadian Association of Pension Supervisory Authorities for addressing the regulatory inconsistencies facing Canada’s defined contribution pension plan sponsors in its draft strategic plan for 2023-2026. “We commend CAPSA for its achievements in engaging with stakeholders to consider evolving regulatory risks and [capital accumulation plan] guideline development,” […]

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]]> Lack of viable alternatives to pension super-priority bill likely to ensure its passage, says pensioner association https://www.benefitscanada.com/pensions/defined-benefit-pensions/lack-of-viable-alternatives-to-pension-super-priority-bill-likely-to-ensure-its-passage-says-pensioner-association/ Thu, 16 Feb 2023 17:00:11 +0000 https://www.benefitscanada.com/?p=133947 A bill that would give super-priority to defined benefit pension plan members during plan windups and insolvencies is likely to be passed by the senate because the pension sector hasn’t provided viable alternatives, says Mike Powell, president of the Canadian Federation of Pensioners. On Feb. 8, 2023, Powell delivered a presentation in support of Bill […]

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]]> Amendments to insolvency legislation would secure DB pensions, say retiree organizations https://www.benefitscanada.com/pensions/governance-law/amendments-to-insolvency-legislation-would-secure-db-pensions-say-retiree-organizations/ Fri, 14 Oct 2022 13:00:30 +0000 https://www.benefitscanada.com/?p=128390 Six organizations representing Canadian retirees say proposed amendments to the federal Bankruptcy and Insolvency Act would have a positive impact on defined benefit pension plan members. In an open letter to the House of Commons standing committee on finance, the six organizations —CanAge, the Canadian Federation of Pensioners, the Canadian Network for the Prevention of […]

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]]> Federal budget fails to support pension reform, says retiree group, politicians https://www.benefitscanada.com/news/bencan/federal-budget-fails-to-support-pension-reform-retiree-group-politicians/ Wed, 21 Apr 2021 19:00:38 +0000 https://www.benefitscanada.com/?p=98932 The Canadian Federation of Pensioners is calling for amendments to federal insolvency laws to protect members of defined benefit pensions if the employer is insolvent. The federation, which represents 23 retiree groups with a total of about 300,000 members, renewed its call for legislative changes after the federal budget failed to mention the issue on […]

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