CPP – Benefits Canada.com https://www.benefitscanada.com Canada's most influential pension and benefits publication for decision-makers Mon, 06 May 2024 13:05:30 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 Public meeting in Edmonton attracts hundreds amid talk of province’s CPP withdrawal https://www.benefitscanada.com/pensions/governance-law/public-meeting-in-edmonton-attracts-hundreds-amid-talk-of-provinces-cpp-withdrawal/ Tue, 30 Apr 2024 13:00:51 +0000 https://www.benefitscanada.com/?p=154909 Hundreds of Albertans turned out for a meeting in Edmonton last week to hear officials from the Canada Pension Plan Investment Board discuss the state of the national retirement plan, while acknowledging Alberta’s ongoing discussion about leaving it, according to reporting by the Edmonton Journal. The meeting attracted a crowd of about 400 people, during […]

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]]> Expert panel: How DC plan members can hedge longevity risk for more effective decumulation https://www.benefitscanada.com/pensions/cap/expert-panel-how-dc-plan-members-can-hedge-longevity-risk-for-more-effective-decumulation/ Tue, 05 Mar 2024 14:00:59 +0000 https://www.benefitscanada.com/?p=152555 Retiring baby boomers are in an era of decumulation anxiety, as they convert their pension assets into income that they fear won’t hold up over the entirety of their retirement. The decumulation problem is complex for defined contribution pension plan sponsors because it involves transferring lump sum pension assets to retirees who may lack investment […]

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]]> CPPIB returns 3.4% in Q3 2024, driven by global equity, fixed income assets https://www.benefitscanada.com/canadian-investment-review/research-markets/cppib-returns-3-4-in-q3-2024-thanks-to-global-equity-fixed-income-assets/ Wed, 21 Feb 2024 15:00:27 +0000 https://www.benefitscanada.com/?p=152092 The Canada Pension Plan Investment Board earned 3.4 per cent during the third quarter of fiscal 2024, according to its latest quarterly report. By Dec. 31, 2023, the investment organization’s net assets were $590.8 billion, compared to $576 billion at the end of the previous quarter. The $14.6 billion increase in net assets consisted of […]

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]]> Just 22% of Albertans support CPP withdrawal, creation of provincial pension plan: survey https://www.benefitscanada.com/pensions/governance-law/just-22-of-albertans-support-cpp-withdrawal-creation-of-provincial-pension-plan-survey/ Tue, 30 Jan 2024 14:00:38 +0000 https://www.benefitscanada.com/?p=151281 Just a fifth (22 per cent) of Albertans say they support the province’s plan to leave the Canada Pension Plan in favour of a provincial plan, down from 27 per cent last October, according to a new survey by Leger Marketing Inc. The survey, which polled more than 1,000 Albertans, found while 40 per cent […]

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]]> Changes to CPP, QPP deductions taking effect this month https://www.benefitscanada.com/pensions/governance-law/changes-to-cpp-qpp-deductions-taking-effect-this-month/ Tue, 02 Jan 2024 20:00:01 +0000 https://www.benefitscanada.com/?p=149558 Middle-income earners will start seeing a larger portion of their paycheques going toward their Canada Pension Plan contributions as of Jan. 1. A broader pension revamp began in 2019, as both the Quebec Pension Plan and CPP began phasing in enhanced benefits intended to provide more financial support for Canadians after they retire. So far, individual contributions  — and the employer’s […]

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]]> Top 10 investment stories of 2023 https://www.benefitscanada.com/news/bencan/top-10-investment-stories-of-2023/ Thu, 21 Dec 2023 14:00:52 +0000 https://www.benefitscanada.com/?p=149405 A story on how the federal government is considering ending Canada’s ’30 per cent rule’ was the most-read investment story on BenefitsCanada.com this year. Here are the 10 most popular investment news stories of 2023: 1. Feds consider end of ‘30% rule’ for pensions, propose EI adoption benefit: fall economic statement 2. Uptick in U.S. commercial office real estate […]

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]]> Careful consideration, transparency needed in determining Alberta’s share of CPP: Freeland https://www.benefitscanada.com/pensions/governance-law/careful-consideration-transparency-needed-in-determining-albertas-share-of-cpp-freeland/ Mon, 18 Dec 2023 20:00:03 +0000 https://www.benefitscanada.com/?p=149006 Citing the “complicated” nature of pensions and need for all provinces and territories to weigh in, Finance Minister Chrystia Freeland wouldn’t provide a specific timeline for determining how much Alberta would be entitled to if it leaves the Canada Pension Plan. Speaking after a meeting with her provincial and territorial counterparts, Freeland said officials reported back to […]

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]]> Top 10 pension stories of 2023 https://www.benefitscanada.com/news/bencan/top-10-pension-stories-of-2023/ Mon, 18 Dec 2023 14:00:58 +0000 https://www.benefitscanada.com/?p=148984 A survey on the retirement readiness of Canadian workers and a looming retirement crisis was the most-read pension story on BenefitsCanada.com this year. Here are the 10 most popular pension news stories of 2023: 1. Survey finds 44% of Canadian pre-retirees have less than $5,000 in savings 2. Ford, Unifor agreement includes significant DC pension improvements, transition to […]

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]]> Top 5 HR, benefits, pension and investment stories of the week https://www.benefitscanada.com/news/bencan/top-5-hr-benefits-pension-and-investment-stories-of-the-week-63/ Fri, 01 Dec 2023 14:00:54 +0000 https://www.benefitscanada.com/?p=148089 An article on how Desjardins Insurance is supporting employee financial wellness was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. Desjardins using budget workshops, interactive game to support employee financial wellness 2. Canadian employers implementing four-day workweek note increased worker happiness, productivity: report 3. OPB appointing Darwin […]

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]]> Top 5 HR, benefits, pension and investment stories of the week https://www.benefitscanada.com/news/bencan/top-5-hr-benefits-pension-and-investment-stories-of-the-week-62/ Fri, 24 Nov 2023 14:00:15 +0000 https://www.benefitscanada.com/?p=147620 An article on the federal government’s 2023 fall economic statement was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. Feds consider end of ‘30% rule’ for pensions, propose EI adoption benefit: fall economic statement 2. Former federal finance minister defends ‘sustainably successful’ CPP amid Alberta pension […]

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