BE Responsive Newsletter

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Medicus Pension Plan reports 158% funded status at start of 2024
A report detailing the plan's first year of operations noted its average plan member contribution was $28,760 and that its investment strategy targeted an asset mix of 70% public equities and 30% fixed income.

Dollar cap matching could more equitably distribute 401(k) contributions, reduce plan sponsor costs: report
Employer contributions are less equally distributed than income, as the top 20% of earners received an 11% larger share of employer contributions than income, while those in the bottom pay quintile received a 29% smaller share of matching dollars than income, according to a new report by Vanguard.

Report finds infrastructure investments at the centre of energy transition roadmap
Over the next three decades, investments in infrastructure equity funding for renewable energy and climate change adaption methods will dominate the energy transition sector, according to a report by IFM Investors.

New multi-employer pension plan coming for incorporated physicians
The Medicus Pension Plan will provide physicians with predictable lifetime retirement income based on personal earnings and years of service with their medical corporation, while pooling investments, longevity and economic risks among all plan participants.

Careers

IWA–Forest Industry Pension Plan – Director, Pensions

The Director, Pensions is responsible for all aspects of administering the IWA-Forest Industry Pension Plan, the Plan Office Staff Defined Benefit Plan, and the Plan Office Staff Defined Contribution Plan.

Rising cost of food, financial planning affecting Canadians’ stress levels at work: survey
Employees said planning for major expenses (62%) and the rising cost of living (59%) significantly impacts their stress level during the workday, according to a new survey by ADP Canada.

Report finds Quebec cities offering most work-life balance in Canada
Lévis, Que. was ranked at No. 1 for work-life balance with a score of 69.61 out of 100, followed closely by Quebec City at No. 2, with a score of 67.12, according to a new report by real estate research firm Point2.

People Watch

Visit People Watch Page for more.

Conferences

Visit Conferences for more.

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