BE Responsive Newsletter

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Climate change, pension super-priority law among CIA’s priorities for 2024

Climate change, pension super-priority law among CIA’s priorities for 2024
While climate change is a consideration across all of the CIA’s practice areas, Eckler's Simon Nelson says for pension plan sponsors, the issue impacts how actuarial assumptions are set, as well as how scenario testing is conducted.

Fewer U.S. remote workers receiving promotions compared to hybrid, in-office employees: survey

Fewer U.S. remote workers receiving promotions compared to hybrid, in-office employees: survey
More hybrid (83%) and in-office (79%) respondents received pay increases than those who worked fully remotely (67%), according to a survey by ResumeBuilder.com.

Ontario civil servants noting flaws in Alberta's CPP portion calculations: report

Ontario civil servants noting flaws in Alberta's CPP portion calculations: report
In a series of briefs, the Ontario Ministry of Finance said Alberta's report leaves out potential liabilities and relies on an “alternate interpretation” of an out-of-date withdrawal formula, according to reporting by the Edmonton Journal.

PIAC providing feedback on ISSB’s sustainability, climate change exposure drafts

PIAC providing feedback on ISSB’s sustainability, climate change exposure drafts
In a 2022 open letter, the PIAC recommended requiring disclosure on a set of cross-industry metrics, including capital deployment towards climate-related risks and opportunities, greenhouse gas emissions, internal carbon pricing, percentage of executive management remuneration and transition and physical risks.

Events

Employers can use Bell Let’s Talk Day to normalize mental-health discussions, taking leave: expert

Employers can use Bell Let’s Talk Day to normalize mental-health discussions, taking leave: expert
“You have the older generation that still sees it as a badge of honour to come into the office when you're very ill, but the younger generation has normalized mental health to the degree they're not afraid to tell you they need a break or they’re taking mental-health days,” says HR consultant Janet Candido.

45% of U.S. DC plan sponsors considering adding emergency savings options in 2024: survey

45% of U.S. DC plan sponsors considering adding emergency savings options in 2024: survey
Nearly a quarter (22%) of U.S. plan sponsors said they’ll introduce the ability to withdraw $2,500 from a separate in-plan emergency savings account and 16% are considering adding an option to match student loan payments, according to a survey by MFS Investment Management.

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