Home employer-sponsored pension plans

Keyword: employer-sponsored pension plans

34 results found

More than half of U.S. women say they aren’t financially secure, a percentage that increases to 77 per cent among low-income women, according to a survey by Public Opinion Strategies and Lake Research Partners on behalf of the National Council on Aging and the Women’s Institute for a Secure Retirement. The survey, which polled more […]

  • By: Staff
  • May 29, 2023 May 26, 2023
  • 09:00
Copyright_solerf_123RF

Just a third (34 per cent) of U.S. small- and medium-sized employers say they offer retirement benefits, according to a new survey by Fidelity Investments. The survey, which polled more than 500 SMEs, found that, among respondents that don’t offer a retirement plan, half (48 per cent) said they can’t afford to, while a fifth […]

  • By: Staff
  • May 17, 2023 May 16, 2023
  • 09:00
Copyright_aberheide_123RF

An opinion piece on how certain aspects of the Quebec government’s rules and constraints on private drug plans affect pharmacy costs was the most-read story on BenefitsCanada.com this past week. 1. Sounding Board: Why do Quebec’s private drug plans pay higher pharmacy fees?  2. Custodial, maintenance workers at TMU striking over pension contribution increase 3. Half of Canadian benefits providers […]

  • By: Staff
  • April 21, 2023 April 21, 2023
  • 09:00
Copyright_ilixe48_123RF

Millennial workers who rent for their entire careers must save 50 per cent more than homeowners in order to have a sufficient monthly income in retirement, according to a new report by Mercer Canada. The report, which analyzed findings from Mercer’s database, found millennials who rent need to save eight-times their annual salaries to retire […]

  • By: Staff
  • April 14, 2023 April 13, 2023
  • 09:00

While U.S. workers aged 45 and older believe it takes, on average, $1.1 million in savings to retire comfortably, just 21 per cent expect to reach this goal, down from 24 per cent in 2022, according to a new survey by Schroders. The survey, which polled more than 2,000 employees, found more than half (59 […]

  • By: Staff
  • April 10, 2023 April 10, 2023
  • 15:00

Traditionally, Chinese workers have relied on two pillars of income in retirement — the basic state pension and employer-sponsored plans open to employees in certain sectors. However, in late 2022, the Chinese government poured some concrete into the mould of a third pillar, unveiling the details of a previously announced private pension scheme. Under the […]

Nearly all (98 per cent) U.S. employees believe it’s important for their employer to provide a retirement savings plan, according to a new survey by Vestwell Inc. The survey, which polled roughly 1,300 employees and 250 employers, found nearly three-quarters (72 per cent) of employees said they expect employers to offer a 401(k) or 403(b) […]

  • By: Staff
  • February 23, 2023 February 22, 2023
  • 09:00
Copyright_aberheide_123RF

An article on how much money Canadians think they’ll need in retirement was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. Canadians believe they need $1.7 million in savings to retire: survey 2. FSRA promoting retirement planning with Pension Awareness Day 3. Survey finds 59% of […]

  • By: Staff
  • February 10, 2023 February 9, 2023
  • 09:00

A new retirement plan design could allow more public employees in the U.S. to accrue retirement benefits regardless of their length of service, according to a report by think tank the Reason Foundation. The plan, which blends elements of defined contribution and defined benefit pension plans, focuses on providing employees with the target retirement income […]

  • By: Staff
  • January 25, 2023 January 25, 2023
  • 09:00

Nearly two-thirds (62 per cent) of U.S. women say they expect to retire later than originally planned or not at all due to rising inflation, a significant increase from 25 per cent in 2021, according to a new survey by Edelman Data and Intelligence on behalf of Nationwide Mutual Insurance Co. The survey, which polled […]

  • By: Staff
  • January 13, 2023 January 13, 2023
  • 15:00