An article that examined an Ontario court’s ruling on an employer’s termination clause was the most-read story on BenefitsCanada.com this past week. Here are the top five human resources, benefits, pension and investment stories of the last week: 1. Ontario court rules employer’s termination clause enforceable due to clear language, entitlements 2. DEI pullback could […]
Administering a pension plan involves the accumulation of large amounts of data in the form of documents, filings, reports, emails and letters. At some point, plan administrators who have amassed all this information will ask themselves, “How long do we need to keep these records?” There’s some guidance from pension legislation, as well as pension […]
A recent Ontario Superior Court decision demonstrates that it remains possible for employers to insert enforceable termination clauses in employment contracts. For some five years now, a host of decisions have struck down as unenforceable termination clauses that purport to displace employees’ right to reasonable notice or pay in lieu thereof. Almost always, the basis […]
An article on a lawsuit filed by Ontario Provincial Police recruits against the Ontario Municipal Employees Retirement System and the Ontario Pension Board was the most-read story on BenefitsCanada.com this past week. Here are the top five human resources, benefits, pension and investment stories of the last week: 1. OPP recruits suing OMERS, OPB over […]
Over the past decade, diversity, equity and inclusion efforts have helped expose the prevalence of workplace bullying. But, as some organizations pull back on DEI due to backlash or budget cuts, it may signal to staff that addressing bullying is no longer a priority. This could lead to reduced awareness and training on respectful workplaces, […]
As remote and hybrid work becomes commonplace, Canadian employers may be unknowingly putting themselves at risk by overlooking key compliance obligations, says Natalka Haras, senior counsel at ADP Canada. “Although there are certain employers for which remote work is not new as an idea, certainly with technology, it’s easier than it’s ever been [and] I […]
An article on how Canada’s federal election could impact employees’ retirement savings was the most-read story on BenefitsCanada.com this past week. Here are the top five human resources, benefits, pension and investment stories of the last week: 1. How Canada’s federal election could impact retirement savings 2. How the coronavirus pandemic shifted employees’ retirement planning […]
A group of former municipal police officers who were recruited by the Ontario Provincial Police have launched multi-million-dollar lawsuits against the Ontario Municipal Employees Retirement System and the Ontario Pension Board over alleged losses suffered during their pension transfers. As part of their moves to the OPP from various municipal police forces — including the […]
Brazil ‘s federal police said they’re investigating a scheme that diverted more than R$6 billion, equivalent to US$1.05 billion, from pensions paid by the National Social Security Institute. The probe targets 11 organizations that operated between 2019 and 2024, authorities told reporters. The scheme had retirees listed as members of associations that collected part of […]
The U.S. Supreme Court has unanimously decided in favour of former Cornell University employees who accused the university of violating the Employee Retirement Income Security Act in its handling of fees related to its 403(b) retirement plans. According to the lawsuit, which was originally filed in 2016, former employees who were enrolled in two of […]