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Thursday 15 February 2024
Benefits Canada Daily Newsletters
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Top Stories
Redbrick highlighting DEI through employee-led discussions, education sessions
Redbrick highlighting DEI through employee-led discussions, education sessions
The technology company is currently revamping its DEI strategy, which includes an internal network called ‘DRIVE’ — short for diversity, reconciliation, inclusivity, visibility and equity.
OMERS pension benefits accounted for 9.3% of Ontario retirement income in 2023: report
OMERS pension benefits accounted for 9.3% of Ontario retirement income in 2023: report
The pension plan's members’ retirement income alone supported more than 97,000 jobs and contributed roughly $8.7 billion to the province’s GDP — an average of $16.40 for every $10 of retirement benefits paid out in 2023, according to a new report by the Canadian Centre for Economic Analysis.
Competitive pension risk transfer costs declined from 101.8% to 100.5% in December: report
Competitive pension risk transfer costs declined from 101.8% to 100.5% in December: report
The average annuity purchase cost across all insurers in the index also declined from 103.9% to 103.1%, according to Milliman's latest pension buyout index.
 
From the Archives
How IKEA Canada is celebrating stories of Black Canadians this Black History Month and beyond
How IKEA Canada is celebrating stories of Black Canadians this Black History Month and beyond
In 2022, the furniture chain launched a content series for Black History Month that highlighted stories of its employees from the Black community weekly on its internal and external social media channels, as well as on television screens within co-worker areas.
 
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In Case You Missed It
U.S., U.K. delivery, ride-hailing drivers stop work on Valentine's Day over pay, employee benefits
U.S., U.K. delivery, ride-hailing drivers stop work on Valentine's Day over pay, employee benefits
In the U.S., Uber and Lyft drivers planned day-long strikes and held mid-day demonstrations at airports in several cities, including Chicago, Philadelphia, Pittsburgh, Miami, Orlando and Tampa, according to Justice for App Workers, the group organizing the effort.
FSRA's Pension Awareness Day helping engage, educate employees on benefits of workplace pension plans
FSRA's Pension Awareness Day helping engage, educate employees on benefits of workplace pension plans
It's particularly important for employees with employer-sponsored plans to learn how much they contribute, how much they'll have saved by the time they retire and what happens to the plan if they change jobs, says the FSRA's Andrew Fung.