The Office of the Chief Actuary is launching a peer review process for its next actuarial report on the Canada Pension Plan, which is expected to be released in December 2025. As part of the process, the OCA is seeking members for the external peer review panel, with an application form due by July 18, […]
The Medicus Pension Plan is reporting a 152 per cent funded status on a going-concern basis and a 120 per cent funded status on a solvency basis as of Jan. 1, 2025. In its annual report, the multi-employer defined benefit pension plan designed exclusively for incorporated physicians in Canada, also reported an investment return of […]
Acera Insurance Services Ltd. is partnering with consulting firm Navigate Benefit Solutions as it continues to expand its specialty benefits division. Providing group benefits and group retirement savings solutions since 2002, Navigate is headquartered in Calgary, with team members also based in Edmonton and Regina. Read: Acera Insurance’s group benefits division expanding to Saskatchewan through […]
Canadian employees’ well-being is declining, with workers reporting an average well-being score of 43.7 out of 100 in 2024, according to a new report by Dialogue Health Technologies Inc. The report polled more than 13,000 employees and assessed their responses across five dimensions of well-being, including mood, stress, sleep, activeness and sense of purpose. It […]
More than a third (36 per cent) of Canadian employees say they feel overwhelmed with responsibilities or commitments, according to Telus Health’s latest mental-health index. The survey, which polled roughly 3,000 employees, found the average mental-health score was 63.1, virtually unchanged from January (63.2). Anxiety (55.6) continued to be the lowest mental-health sub-score, followed by […]
An article on the Association of Canadian Pension Management’s call for modernized pension legislation in Alberta 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. ACPM urging Alberta government to align pension funding, administration rules with other provinces […]
The Association of Canadian Pension Management is calling on the Alberta government to modernize its provincial pension legislation and align its laws with other Canadian jurisdictions in terms of funding rules, innovation, administration and reducing red tape. In an open letter to Alberta Finance Minister Nate Horner, the ACPM outlined several proposed legislative changes, based […]
An article on how employers are supporting working parents and caregivers 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. 6.1 million Canadian workers juggling jobs and caregiving: report 2. Survey finds 75% of women want benefits to […]
More than half (58 per cent) of Ontario employees say retirement planning should go beyond financial wellness and encompass physical and mental health and social connections, according to a new survey by the Ontario Municipal Employees Retirement System. The survey, which polled more than 750 workers and more than 750 retirees, found roughly eight in […]
The estimated funded status of the 100 largest U.S. public defined benefit pension plans rose to 102.9 per cent in April, up slightly from 102.7 per cent at the end of March, according to a new report by Milliman Inc. It found an increase in discount rates shaved US$10 billion off liabilities and helped offset […]