public sector – 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 81% of U.S. public sector workers worry about retirement savings: survey https://www.benefitscanada.com/pensions/retirement/81-of-u-s-public-sector-workers-worry-about-retirement-savings-survey/ Tue, 07 Feb 2023 14:00:19 +0000 https://www.benefitscanada.com/?p=133460 The majority (81 per cent) of U.S. public sector employees worry whether they’ll have enough money to last them through retirement, according to a new survey by MissionSquare Research Institute. The annual survey, conducted alongside the International Public Management Association for Human Resources and the National Association of State Personnel Executives, also found just 41 per […]

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]]> Workplace pension plans rarely providing adequate retirement income for U.S. public employees: report https://www.benefitscanada.com/pensions/defined-benefit-pensions/workplace-pension-plans-rarely-providing-adequate-retirement-income-for-u-s-public-employees-report/ Tue, 13 Dec 2022 14:00:01 +0000 https://www.benefitscanada.com/?p=131123 Workplace pension plans alone aren’t providing adequate retirement income for U.S. government employees, according to a new report by the National Institute on Retirement Security and Aon. It found U.S. state and local employees in a typical public defined benefit pension plan need to save roughly four to six per cent of their salary on their […]

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]]> More than 6.6M Canadians participating in employer-sponsored pension plans: StatsCan https://www.benefitscanada.com/pensions/retirement/more-than-6-6-million-canadians-participating-in-employer-sponsored-pension-plans-stats-can/ Wed, 20 Jul 2022 13:00:47 +0000 https://www.benefitscanada.com/?p=124425 The percentage of Canadians participating in an employer-sponsored pension plan continues to rise, with roughly 6.6 million plan members in 2020, up 57,000 from 2019, according to a new report from Statistics Canada. It found more than 4.4 million Canadians were covered by a defined benefit pension plan in 2020, up 1.7 per cent from 2019, noting the majority (72 […]

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]]> Top 5 HR, benefits and pension stories of the week https://www.benefitscanada.com/news/bencan/top-5-hr-benefits-and-pension-stories-of-the-week-7/ Fri, 13 May 2022 13:00:18 +0000 https://www.benefitscanada.com/?p=121427 An article on the potential future of pension plans in the private sector was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. Expert panel: Are private sector employers heading toward a pension renaissance? 2. A third of Canadian employees retiring sooner than planned: survey 3. Mental-health […]

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]]> Expert panel: Are private sector employers heading toward a pension renaissance? https://www.benefitscanada.com/expertpanel_/gavin-benjamin/expert-panel-are-private-sector-employers-heading-toward-a-pension-renaissance/ Tue, 10 May 2022 13:05:23 +0000 https://www.benefitscanada.com/?p=121041 Pension coverage in the public sector is high, with the vast majority of public sector employees covered by a defined benefit pension plan. However, the story is very different in the private sector as pension coverage is much lower and is trending downwards. Only 22 per cent of private sector employees participated in a registered […]

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]]> Coalition for retirement security calls for pension protection https://www.benefitscanada.com/canadian-investment-review/cir-news/coalition-for-retirement-security-calls-for-pension-protection-2/ https://www.benefitscanada.com/canadian-investment-review/cir-news/coalition-for-retirement-security-calls-for-pension-protection-2/#respond Thu, 06 Aug 2015 05:46:34 +0000 https://cumulus.benefitscanada.com/uncategorized/coalition-for-retirement-security-calls-for-pension-protection-2/ Group responds to introduction of target-benefit pension plans.

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