funding policy – 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 CAAT raising DBplus pension factor for calculating benefit payments in 2025 https://www.benefitscanada.com/pensions/defined-benefit-pensions/caat-raising-dbplus-pension-factor-for-calculating-benefit-payments-in-2025/ Tue, 28 Mar 2023 13:00:26 +0000 https://www.benefitscanada.com/?p=135645 The Colleges of Applied Arts and Technology pension plan is increasing the pension factor used in its calculation of defined benefit payments from its DBplus plan. For pensions earned after Jan. 1, 2025, members of the jointly sponsored pension plan will see annual payouts increase from 8.5 per cent of their total contributions per annum […]

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]]> Learn more about the Investment Governance Award finalists https://www.benefitscanada.com/archives_/learn-more-about-the-investment-governance-award-finalists/ https://www.benefitscanada.com/archives_/learn-more-about-the-investment-governance-award-finalists/#respond Mon, 23 Nov 2020 04:34:26 +0000 https://cumulus.benefitscanada.com/uncategorized/learn-more-about-the-investment-governance-award-finalists/ The Canadian Investment Review’s Investment Governance Award will go to a pension plan that has implemented improvements at the board, governance and/or policy level to improve outcomes for pension plan members and create greater efficiency. Highlights about the three finalists are available below: Desjardins Group Pension Plan The Desjardins Group Pension Plan has over $16 […]

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]]> https://www.benefitscanada.com/archives_/learn-more-about-the-investment-governance-award-finalists/feed/ 0 LAPP downside protection strategy saves almost $1.9 billion https://www.benefitscanada.com/canadian-investment-review/db-investments/lapp-downside-protection-strategy-saves-1-9-billion/ https://www.benefitscanada.com/canadian-investment-review/db-investments/lapp-downside-protection-strategy-saves-1-9-billion/#respond Mon, 15 Jun 2020 10:59:37 +0000 https://cumulus.benefitscanada.com/uncategorized/lapp-downside-protection-strategy-saves-1-9-billion/ The volatility caused by the coronavirus pandemic made the first quarter of 2020 rough for many Canadian defined benefit pension plans. In early June, the Local Authorities Pension Plan Corp., which is mandated to invest with the Alberta Investment Management Corp., said it began the year with $50.6 billion in assets under management and ended […]

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]]> https://www.benefitscanada.com/canadian-investment-review/db-investments/lapp-downside-protection-strategy-saves-1-9-billion/feed/ 0 Moving to a sustainability mindset at Concordia University’s pension plan https://www.benefitscanada.com/canadian-investment-review/db-investments/moving-from-a-headline-risk-mindset-to-a-sustainability-mindset-at-concordias-pension-plan/ https://www.benefitscanada.com/canadian-investment-review/db-investments/moving-from-a-headline-risk-mindset-to-a-sustainability-mindset-at-concordias-pension-plan/#respond Fri, 11 Oct 2019 05:59:34 +0000 https://cumulus.benefitscanada.com/uncategorized/moving-from-a-headline-risk-mindset-to-a-sustainability-mindset-at-concordias-pension-plan/ In just a few short years, Concordia University’s pension plan has transformed its governance model and investment approach. Before the financial crisis, the university’s plan, like many plans, had its assets in a 60/40 mix, said Marc Gauthier, Concordia’s treasurer and investment officer. Yet, in the financial crisis, its funding ratio went from 101 per […]

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