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Thursday 19 October 2023
Benefits Canada Daily Newsletters
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Top Stories
A closer look at how chronic conditions are impacting benefits plans
A closer look at how chronic conditions are impacting benefits plans
FROM THE MAGAZINE: Benefits Canada speaks to four plan members to hear their views on how their chronic conditions are impacting their experiences at work and how their conditions are covered by their benefits plans.
Canada’s retirement system ranks No. 12 out of 47 countries but has room for improvement: report
Canada’s retirement system ranks No. 12 out of 47 countries but has room for improvement: report
Canada received an overall score of 70.2 out of 100 — down slightly from 70.6 in 2022 but greater than the 2023 average (62.9), according to a new report by Mercer and the CFA Institute.
Gen Z workers want to retire at 61, but 99% facing obstacles to saving for retirement: survey
Gen Z workers want to retire at 61, but 99% facing obstacles to saving for retirement: survey
The No. 1 obstacle cited by gen Z employees was inflation (54%), followed by monthly expenses (35%) and unexpected expenses (31%), according to a new survey by Charles Schwab.
Iversoft appointing Steph Barlow as chief people officer
Iversoft appointing Steph Barlow as chief people officer
In the new role, Barlow will continue to drive Iversoft's HR and talent strategies, while championing DEI.
 
Question of the Week

What shocking effect did we see in Canadian excess deaths in 2022? And what does it mean for DB pension plan sponsors?

Answer from Alexandra Sonnenwirth, Director of Client delivery, Club Vita

 
Events

 
In Case You Missed It
Average DB pension plan returns -3.8% in September: report
Average DB pension plan returns -3.8% in September: report
The average solvency funded position reached 107.6%, an increase of 0.9% compared to the previous month, according to a new report by Telus Health.
National pharmacare program will cost $40BN annually with shift of $14BN in private insurance
National pharmacare program will cost $40BN annually with shift of $14BN in private insurance
In a new report, the PBO estimated the cost of a single-payer universal drug plan to the public sector will be $11.2 billion in 2024/25, increasing to $13.4 billion in 2027/28.
 
Careers

President & Chief Executive Officer

Vestcor is one of Canada’s leading investment management and pension and employee benefits administration services organizations. Due to a planned retirement, Vestcor is seeking an experienced executive to join as its next President & Chief Executive Officer. Reporting directly to the Board of Directors, the new CEO is responsible for providing the strategic direction, risk and opportunities management and leadership necessary to ensure the efficient, effective, and sustainable operation of Vestcor Inc.

 
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