Although Manitoba’s Pension Amendments Act takes effect on Oct. 1, pension plan sponsors are disappointed that the provisions allowing them to use reserve accounts to fund solvency deficiencies have been excluded from the proclamation. “The government has not indicated when the reserve account provisions will come into effect and sponsors are anxious because they would […]
A new federal holiday offers new opportunities for Canadian employers to support Indigenous employees this week and beyond, say experts. This Thursday, Sept. 30, is the first-ever National Day for Truth and Reconciliation, a statutory holiday for all federal employees and workers in federally regulated workplaces after the House of Commons unanimously supported the legislation […]
The federal election is top of mind for many these days, so it’s no surprise Benefits Canada‘s most-read story over the past seven days was about the possible impact the election could have on the human resources, benefits and pension industries. Here’s the five most popular news stories of the week: 1. How will federal election […]
United Airlines says more than 97 per cent of its U.S.-based employees are fully vaccinated against the coronavirus now that there’s less than a week before a deadline to get the shots or get fired. The Chicago-based airline said Wednesday that the new figure doesn’t include a “small number” of employees who are seeking a medical or […]
Germany is stopping sick pay for unvaccinated people who have to go into quarantine because of the coronavirus. Previously, Germans could claim for income lost due to having to go into quarantine after returning from abroad or coming into contact with a positive case. Germany’s Health Minister Jens Spahn says the move was a matter of […]
Early in Shannan Corey’s pension career, many of the boards she worked with were dominated by men over the age of 50. Corey, now executive director of the Saskatchewan Pension Plan, recalls one particular board meeting she attended when her company’s actuary, also male, wasn’t able to attend. “I was in my 30s and still […]
The result of the federal election could have a direct impact on working parents. The Liberal Party made a national $10 a day childcare system a key part of its budget in the spring. However, the Conservative Party, if elected, is promising to immediately scrap these plans. In its election platform, the Conservatives set out a plan […]
The Conservative Party is promising, if elected, to extend employment insurance parental benefits to parents experiencing the trauma of a miscarriage, stillbirth or loss of a child. “Every year, thousands of Canadian parents struggle with the loss of a child, but our current benefits system does not provide the proper support for grieving parents,” said […]
If elected, the Conservative Party is promising to help employers prioritize mental health in the workplace. As part of its election platform, the Conservative Party said it will provide employers with a federal tax credit for 25 per cent of the cost of adding mental-health coverage to their employee benefits plans for the first three […]
If elected, New Democratic Party Leader Jagmeet Singh is pledging to begin working with provinces immediately to deliver a single-payer, public pharmacare program for all Canadians. The NDP say millions of people can’t afford to take the medications they need and must skip doses, cut their pills in half or even go without them. “We […]