Pensions – Benefits Canada.com https://www.benefitscanada.com Canada's most influential pension and benefits publication for decision-makers Fri, 12 Jul 2024 19:00:07 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 CBSA, PSAC, CIU agreement includes pension, benefits gains https://www.benefitscanada.com/benefits/health-benefits/cbsa-psac-ciu-agreement-includes-pension-benefits-gains/ Fri, 12 Jul 2024 13:00:46 +0000 https://www.benefitscanada.com/?p=158060 The unions representing more than 9,000 Canada Border Services Agency employees have ratified a four-year collective agreement that includes pension and benefits gains. The agreement with, the Public Service Alliance of Canada and the Customs and Immigration Union, includes a pensionable $2,500 one-time, lump-sum payment for all employees upon the date of signing. For members […]

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]]> Top 5 HR, benefits, pension and investment stories of the week https://www.benefitscanada.com/benefits/health-benefits/top-5-hr-benefits-pension-and-investment-stories-of-the-week-90/ Fri, 12 Jul 2024 13:00:18 +0000 https://www.benefitscanada.com/?p=158072 A story on how group insurers can help plan sponsors provide adequate coverage and ensure appropriate use of treatments for rare diseases was the most-read article on BenefitsCanada.com this past week. Here are the top five human resources, benefits, pension and investment stories of the last week: 1. Sounding Board: How employers can mitigate cost of […]

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]]> Blair Morrison retiring from BCFSA https://www.benefitscanada.com/notice/appointment-notice/blair-morrison-retiring-from-bcfsa/ Tue, 09 Jul 2024 13:00:43 +0000 https://www.benefitscanada.com/?p=157908 Blair Morrison, chief executive officer and chief statutory officer of the British Columbia Financial Services Authority, is retiring in early 2025 after more than five years in his current role. During his time as CEO, Morrison steered the regulatory agency through a number of significant events, such as its establishment as a crown agency in […]

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]]> 2024 Vancouver Benefits Summit: How Telus is making well-being, mental health a cultural priority https://www.benefitscanada.com/events/conference-coverage/2024-vancouver-benefits-summit-how-telus-is-making-well-being-mental-health-a-cultural-priority/ Mon, 08 Jul 2024 11:52:03 +0000 https://www.benefitscanada.com/?p=156945 Telus Communications Inc. is ensuring employees bring their best self to the job by supporting their well-being both in the workplace and at home, said Wade Domries, the company’s vice-president of global total rewards, during a session at Benefits Canada’s 2024 Vancouver Benefits Summit in May. The organization’s current approach to well-being started taking shape […]

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]]> Unions welcoming equitable pension reform for frontline public safety, law enforcement workers https://www.benefitscanada.com/pensions/retirement/unions-welcoming-equitable-pension-reform-for-frontline-workers/ Fri, 05 Jul 2024 13:00:41 +0000 https://www.benefitscanada.com/?p=157816 The federal government recently announced plans to introduce legislation in the fall expanding pension eligibility to frontline public safety and law enforcement workers in Canada. The legislation is welcomed by the Public Service Alliance of Canada and the Customs and Immigration Union after they’ve advocated for more than a decade for equitable retirement benefits for […]

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]]> 83% of U.S. workers concerned increasing cost of living, inflation will make it harder to save for retirement: survey https://www.benefitscanada.com/news/bencan/83-of-u-s-workers-concerned-increasing-cost-of-living-inflation-will-make-it-harder-to-save-for-retirement-survey/ Fri, 05 Jul 2024 13:00:19 +0000 https://www.benefitscanada.com/?p=157719 A majority (83 per cent) of U.S. workers say they’re concerned the increasing cost of living will make it harder to save for retirement and more than three-quarters (78 per cent) are concerned inflation will stay high, according to a new survey by the Employee Benefit Research Institute and Greenwald Research. The survey, which polled […]

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]]> Median solvency ratio of Canadian DB pension plans stays flat in Q2 2024: reports https://www.benefitscanada.com/news/cir-news-news/median-solvency-ratio-of-canadian-db-pension-plans-stays-flat-in-q2-2024-reports/ Wed, 03 Jul 2024 19:00:58 +0000 https://www.benefitscanada.com/?p=157703 The median solvency ratio of Canadian defined benefit pension plans remained flat in the second quarter of 2024, compared to the previous quarter, according to a report by Mercer. The report, which tracked 450 DB pension plans, found the median solvency ratio was 118 per cent, as at June 28, 2024, the same as at […]

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]]> Canada’s missing navigation tool in the push to lower emissions https://www.benefitscanada.com/news/cir-news-news/canadas-missing-navigation-tool-in-the-push-to-lower-emissions/ Tue, 02 Jul 2024 19:00:10 +0000 https://www.benefitscanada.com/?p=157574 It would be possible to get around a city if there were no agreed-upon street names, but it would take longer, people would get lost and international travellers might just give the place a pass. The same could be said of investors trying to navigate where to put the many trillions of dollars that are […]

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]]> Top 5 HR, benefits, pension and investment stories of the week https://www.benefitscanada.com/news/bencan/top-5-hr-benefits-pension-and-investment-stories-of-the-week-88/ Fri, 28 Jun 2024 13:00:38 +0000 https://www.benefitscanada.com/?p=157562 An article on the benefits of tailoring an individual’s work schedule around their circadian rhythm and optimum times of productivity was the most-read story on BenefitsCanada.com this past week. Here are the top five human resources, benefits, pension and investment stories of the last week: 1. How ‘Chronoworking’ is helping boost employee productivity, recruitment 2. FSRA releases final […]

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]]> OPB marching in Toronto’s Pride Parade in support of LGBTQ2S+ employees, community https://www.benefitscanada.com/news/bencan/opb-marching-in-torontos-pride-parade-in-support-of-lgbtq2s-employees-community/ Fri, 28 Jun 2024 13:00:24 +0000 https://www.benefitscanada.com/?p=157552 The Ontario Pension Board is displaying its support for its LGBTQ2S+ employees and, indeed, the wider community, as some of its workers proudly wave the organization’s banner while marching in Toronto’s Pride Parade this weekend. Participating in the parade is just one of the ways in which the organization is fostering an inclusive culture in […]

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