DC pension plan – Benefits Canada.com https://www.benefitscanada.com Canada's most influential pension and benefits publication for decision-makers Fri, 03 May 2024 21:03:19 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 Survey finds half of U.S. workers want an employer-sponsored retirement plan that offers emergency savings features https://www.benefitscanada.com/pensions/retirement/54-of-u-s-workers-want-an-employer-sponsored-retirement-plan-that-offers-emergency-savings-features-survey/ Mon, 24 Apr 2023 13:00:10 +0000 https://www.benefitscanada.com/?p=136873 More than half (54 per cent) of employees without a workplace retirement savings plan — including 77 per cent of millennials — say they’d participate in an employer-sponsored plan if it offered emergency savings features, according to a new survey by Natixis Investment Managers. The survey, which polled more than 700 U.S. employees, also found nearly three-quarters […]

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]]> Bâtirente’s diversified funds lost between 5.7% and 8.6% in 2022 https://www.benefitscanada.com/news/cir-news-news/batirentes-diversified-funds-lost-between-4-63-and-8-87-in-2022/ Thu, 02 Mar 2023 17:00:16 +0000 https://www.benefitscanada.com/?p=134694 Bâtirente’s diversified funds lost between 5.7 per cent and 8.6 per cent in 2022 as a result of tumultuous conditions in the global economy, according to its latest results. “Global inflation reached a 40-year high due to several factors, such as the war in Ukraine, the persisting [coronavirus] pandemic, the world’s supply chain failures and […]

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]]> Pilkington Glass, Unifor agreement includes paid leave, DC pension enhancements https://www.benefitscanada.com/news/bencan/pilkington-glass-unifor-agreement-includes-paid-leave-dc-pension-enhancements/ Tue, 28 Jun 2022 13:00:31 +0000 https://www.benefitscanada.com/?p=123342 The union representing roughly 100 employees at Pilkington Glass in Whitby, Ont. has ratified a three-year agreement that includes benefits and pension gains. Members of Unifor Local 222 voted 84 per cent in favour of ratifying the agreement, which includes a short-term disability weekly benefit of $400 and two paid personal emergency leave days per […]

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]]> Top 5 HR, pension and benefits stories of the week https://www.benefitscanada.com/news/bencan/top-5-hr-pension-and-benefits-stories-of-the-week-8/ Fri, 19 Nov 2021 14:05:17 +0000 https://www.benefitscanada.com/?p=111923 A story looking at dynamic pension pools as a decumulation option took the top spot over the past week on BenefitsCanada.com. Here are the five most popular news stories of the week: 1. Dynamic pension pools a viable decumulation option for Canadians: report 2. Employers see retirement benefits as top attraction, retention tool: survey 3. Employers enforcing rules for […]

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]]> Employers see retirement benefits as top attraction, retention tool: survey https://www.benefitscanada.com/pensions/retirement/employers-see-retirement-benefits-as-top-attraction-retention-tool-survey/ Wed, 17 Nov 2021 14:00:02 +0000 https://www.benefitscanada.com/?p=111739 A majority of Canadian employers believe providing workplace retirement savings plans can improve employee attraction and retention, according to a survey by Maru Group Ltd. on behalf of the Healthcare of Ontario Pension Plan. The survey, which polled 800 Canadian employers, found 88 per cent of those that offer a defined benefit pension plan said […]

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]]> Positive DC plan investment outlook, returns may fuel early retirements: report https://www.benefitscanada.com/news/bencan/positive-dc-plan-investment-outlook-returns-may-fuel-early-retirements-report/ Tue, 17 Aug 2021 13:00:29 +0000 https://www.benefitscanada.com/?p=105788 After the market rollercoaster ride of 2020, investors’ expectations have shifted considerably, and many are now looking for returns of 10.6 per cent above inflation from their investments in 2021, fuelling speculation that many employees may want to retire early, according to Eckler Ltd.’s latest capital accumulation plan income tracker. Indeed, the report noted rising […]

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]]> Vale mine workers in Sudbury striking over cuts to drug coverage, retiree health benefits https://www.benefitscanada.com/benefits/health-benefits/vale-mine-workers-in-sudbury-striking-over-cuts-to-drug-coverage-retiree-health-benefits/ Fri, 09 Jul 2021 13:00:38 +0000 https://www.benefitscanada.com/?p=103583 More than 2,000 workers at a Vale nickel mine in Sudbury, Ont., are continuing their strike after their union, United Steelworkers Local 6500, rejected the company’s five-year contract proposal, which cuts health and medical benefits for existing and future employees. The June 14 offer was Vale’s second since the workers went on strike June 1, […]

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