Keyword: Shared risk pensions

14 results found
SRPPs: A new model for pensions

Pension reform in New Brunswick can be traced to two highly publicized pension plan failures, which reduced incomes substantially below the level promised by the plans. These events tangibly demonstrated the risks inherent in the current pension delivery model being followed across Canada.

Steele moves to Osler

Jana Steele has left Goodmans and joined Osler as a partner in its pensions and benefits department.

  • By: Staff
  • June 21, 2013 September 13, 2019
  • 09:22
Fredericton moves to shared-risk plan

Shared-risk plans are gaining traction in Eastern Canada with the City of Fredericton, the latest employer to move to this pension arrangement. This move was unanimously approved by the city council on Monday, March 11, after a special meeting.

All eyes on shared risk plans

While the efforts of most provinces to stem the decline DB plans haven’t gone beyond softening some funding requirements, New Brunswick has quietly taken the bold step of introducing a new pension model.