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Copyright_Elnur_123RF

In the Expert Commission on Pensions’ 2008 review of Ontario’s pension system, it recommended an agency or unit of the provincial government serve as a pension champion. According to the commission, the pension champion’s responsibilities would include working closely with stakeholders, promoting and facilitating innovation in the pension system and leading policy development efforts in […]

The OPSEU Pension Trust is supporting employees’ and plan members’ financial literacy with its defined benefit pension education program and extensive member communications. “We run a program called People for Pensions, an education program focused on articulating the value of defined benefit pensions and not just the benefit they provide to people who have them, […]

  • By: Sadie Janes
  • November 17, 2022 November 15, 2022
  • 09:00

Capital accumulation plan member outcomes saw modest increases in the third quarter, due to high annuity rates that shielded members from modest investment market declines, according to a new report by Eckler Ltd. It found a typical male member retiring at the end of September achieved a gross income replacement ratio of 60.3 per cent […]

  • By: Staff
  • November 15, 2022 November 15, 2022
  • 09:00
123065338-123RF

The Ontario Municipal Employees Retirement System sponsors corporation board is considering two plan design changes: the introduction of shared-risk indexing and the expansion of pension coverage to non full-time workers. On the shared-risk indexing front, the sponsors corporation board is looking at potentially reducing future inflation increases on benefits earned after Dec. 31, 2022. As […]

  • By: Staff
  • April 22, 2020 December 13, 2020
  • 11:47