BE Responsive Newsletter

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Expert warns against urging employees to use up benefits by end of year

Expert warns against urging employees to use up benefits by end of year
'Healthy' means different things to different people, says Cowan Insurance Group’s Rob Van De Cappelle, noting if an employee is going through a stressful period and wants to go for a few massages in a month to relax, that would be an appropriate use of benefits.

Can IBM's retirement benefit account revive the traditional DB pension plan?

Can IBM's retirement benefit account revive the traditional DB pension plan?
Among DC plan sponsors and members, there's a degree of disappointment with the ability of these plans to accumulate sufficient funds for retirement, says Actuarial Solutions’ Joe Nunes.

Careful consideration, transparency needed in determining Alberta's share of CPP: Freeland

Careful consideration, transparency needed in determining Alberta's share of CPP: Freeland
Citing the "complicated" nature of pensions and need for all provinces and territories to weigh in, Finance Minister Chrystia Freeland wouldn't provide a specific timeline for determining how much Alberta would be entitled to if it leaves the CPP.

Survey finds 60% of plan sponsors reporting increased health benefits costs

Survey finds 60% of plan sponsors reporting increased health benefits costs
Mid-sized employers (50 to 499 employees) were more likely (70%) to report higher costs than employers with up to 49 employees (53%), according to the 2023 Benefits Canada Healthcare Survey.

December Issue

Top 10 benefits stories of 2023

Top 10 benefits stories of 2023
A story on coverage of weight-loss drugs amid the rising use of Ozempic was the most-read benefits story on BenefitsCanada.com this year.

Expert panel: How employers can support a multigenerational workforce

Expert panel: How employers can support a multigenerational workforce
The four generations that make up today’s workforce have profoundly different opinions about the role that work should play in their lives, the kind of relationship they want with employers and what constitutes fair compensation.

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