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Just five per cent of U.S. employers say they’re offering a four-day workweek as a flexible working arrangement for employees, according to a new survey by the International Foundation of Employee Benefits Plans. The survey, which polled more than 300 employers, found one per cent said they’ve already formally implemented a four-day workweek or are piloting […]

  • By: Staff
  • September 8, 2023 September 10, 2023
  • 15:00

An article on the federal government’s plan to scrap Canada mortgage bonds and the potential impact on pension funds was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. Feds’ plan to discontinue Canada mortgage bonds may limit pension funds’ abilities to mitigate risk: PIAC […]

  • By: Staff
  • July 28, 2023 July 27, 2023
  • 09:00

Three-quarters (76 per cent) of U.K. employers think it’s important to retain employees over age 50, with almost a third (32 per cent) saying it’s very important, according to a new survey by Aviva. It also found 10 per cent of employers have introduced support over the last year for retaining employees aged 50 or […]

  • By: Staff
  • July 25, 2023 July 24, 2023
  • 15:00

Many employers are welcoming retirees back to their workforces to counter what some are calling the ‘Great Labour Shift.’ As the coronavirus pandemic shifts the labour market in favour of workers, employees across the globe are taking the opportunity to rethink where and how they work. In 2022, more than 50 million U.S. workers quit […]

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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
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Despite an ongoing labour shortage, just a quarter (25 per cent) of Canadian employers offer semi-retirement arrangements, according to a new survey by the Harris Poll on behalf of Express Services Inc. Semi-retirement — or phased retirement — is a period of time during which a person stops working full time and begins working fewer hours. […]

  • By: Staff
  • February 6, 2023 February 6, 2023
  • 15:00
Pension trends: Is phased retirement an option for your employees?

As more retirees remain on the job, companies should consider phased retirement arrangements

Flashback: When Quebec phased retirement

For generations, the concept of retirement centred around a one-time event: you worked to age 65, then your employer sent you off with a gold watch and your DB pension. But just as DB pension plans have begun to fall out of favour in recent years, so, too, has the concept of retirement changed.

  • By: Neil Faba
  • October 26, 2012 September 13, 2019
  • 07:07
How is phased retirement impacting employers?

The days of golf and gardening seem to be passé for the new age of retirees. Working in retirement, or “phased retirement,” as it’s been dubbed, is not a passing fad. But is this change one of choice or need? And, how is it impacting employers?

Working in retirement: The new normal?

For baby boomers on the cusp of retirement, they could find that meetings and marketing plans will need to be just as much part of their daily lives post-retirement as pre-retirement.