Latest news in Governance/legislation

Alberta pension reforms put on hold

Alberta pension reforms put on hold

The Government of Alberta has put two pieces of pension reform legislation on hold for the time being.

  • By: Staff
  • May 9, 2014 September 13, 2019
  • 16:04
Some see flaws in target benefit design

Some see flaws in target benefit design

Target benefit plans (TBPs)—pension arrangements where the risk is shared between the employer and employees—are attracting more and more attention. But despite this model’s appeal,…

Auditor general says public service pensions pose significant risk

Auditor general says public service pensions pose significant risk

Canada's auditor general warns that prolonged low interest rates, lower-than-expected returns on assets, and increasing longevity could have a significant impact on public sector pension…

  • By: Staff
  • May 6, 2014 September 13, 2019
  • 14:50
Details about Ontario Retirement Pension Plan revealed

Details about Ontario Retirement Pension Plan revealed

The Government of Ontario is moving forward with a new mandatory provincial pension plan, the Ontario Retirement Pension Plan (ORPP).

  • By: Staff
  • May 1, 2014 September 13, 2019
  • 16:20
Ontario pension plan expected to be announced in budget

Ontario pension plan expected to be announced in budget

The Government of Ontario will release its budget on Thursday afternoon, and details of the province’s pension plan are likely to be part of it.

  • By: Staff
  • May 1, 2014 September 13, 2019
  • 10:40
Ontario proposes changes to pension regulations

Ontario proposes changes to pension regulations

Last week, the Government of Ontario released four proposals in respect of proposed amendments to Regulation 909 under the Pension Benefits Act and is seeking…

  • By: Staff
  • April 29, 2014 September 13, 2019
  • 17:00

Ottawa calls for target benefit plans

The federal government has unveiled a proposal for target benefit plans, pension programs that share the risk between employers and employees.

Alberta introduces pension reform legislation

Alberta introduces pension reform legislation

The Government of Alberta has introduced a bill to reform the province's public sector pension plans.

  • By: Staff
  • April 17, 2014 September 13, 2019
  • 09:51
N.B. MLAs to adopt shared-risk pension model

N.B. MLAs to adopt shared-risk pension model

The Government of New Brunswick introduced legislation on Wednesday to move members of the legislative assembly (MLA) to a shared-risk pension plan.

  • By: Staff
  • March 27, 2014 September 13, 2019
  • 09:59
U.S. government securities exempted by Ontario’s 10% rule

U.S. government securities exempted by Ontario’s 10% rule

Ontario has exempted American government securities from the pension law 10% diversification limit, according to a Pension Alert from Borden Ladner Gervais.

  • By: Staff
  • March 17, 2014 September 13, 2019
  • 10:29
Toward a new Canadian retirement system

Toward a new Canadian retirement system

The Canadian retirement system is unproductive and inefficient, but how do we tame this administrative beast without toppling the entire system? Taming it requires simplicity,…

  • March 13, 2014 September 13, 2019
  • 10:32
Alberta scales back changes to public sector pensions

Alberta scales back changes to public sector pensions

The Government of Alberta will scale back some of its proposed changes to public sector pension plans announced in September.

  • By: Staff
  • February 27, 2014 September 13, 2019
  • 10:04
Rhode Island, unions reach pension settlement

Rhode Island, unions reach pension settlement

The Rhode Island government and attorneys representing public employee unions and retiree coalitions challenging changes to the state's pension system have reached a settlement agreement…

  • By: Staff
  • February 18, 2014 September 13, 2019
  • 11:04
Ontario proposes amendment to 10% rule

Ontario proposes amendment to 10% rule

The Government of Ontario has proposed a regulatory amendment that would modify one of the quantitative investment limits that apply to registered pension plans in…

  • By: Staff
  • February 7, 2014 September 13, 2019
  • 14:40
Ontario invites others to join new pension plan

Ontario invites others to join new pension plan

Ontario's finance minister has asked the rest of Canada "to collaborate on options to improve supplementary retirement income for workers."

  • By: Staff
  • February 6, 2014 September 13, 2019
  • 12:17
Supreme Court says MTS pension surplus belongs to workers, retirees

Supreme Court says MTS pension surplus belongs to workers, retirees

The Supreme Court of Canada has upheld a lower court ruling that the pension surplus that existed when Manitoba Telephone Services was privatized in 1997…

  • By: Staff
  • January 31, 2014 September 13, 2019
  • 15:38
Ontario pension plan details coming in spring

Ontario pension plan details coming in spring

The province of Ontario expects to announce details of its provincial pension plan in a few months, according to the premier.

Ontario picks six for advisory group on provincial pension

Ontario picks six for advisory group on provincial pension

The Government of Ontario has assembled an advisory group to advise it on how to strengthen retirement income security.

  • By: Staff
  • January 28, 2014 September 13, 2019
  • 16:22
Paul Martin to advise Ontario on provincial pension plan

Paul Martin to advise Ontario on provincial pension plan

Paul Martin has agreed to serve as a special advisor to Ontario's minister of finance and work with the government on creating a provincial pension…

  • By: Staff
  • January 22, 2014 September 13, 2019
  • 16:36
Judge blocks California city from cutting pensions

Judge blocks California city from cutting pensions

A California court has blocked San Jose from cutting pension benefits for the city's workers—even though the reductions were approved by voters.

  • By: Staff
  • December 30, 2013 September 13, 2019
  • 10:31
CPP expansion fight to continue

CPP expansion fight to continue

While an attempt to enhance the Canada Pension Plan was stopped earlier this week, supporters of an expansion aren’t giving up.

Quebec to tackle pension reform

Quebec to tackle pension reform

The Government of Quebec wants to make the province's pension plans more viable.

  • By: Staff
  • December 18, 2013 September 13, 2019
  • 11:39
Ontario to move forward with provincial pension plan

Ontario to move forward with provincial pension plan

Ontario will go ahead with its plan to create a pension for its residents now that the latest attempt to enhance the Canada Pension Plan…

  • By: Staff
  • December 17, 2013 September 13, 2019
  • 10:24

No CPP expansion

Canada’s finance ministers met in Meech Lake, Que., on Sunday and Monday but were unable to come to an agreement regarding an enhancement to the…

Decision day on CPP expansion

Decision day on CPP expansion

Canada's provincial and territorial finance ministers are meeting Monday to discuss whether or not to expand the Canada Pension Plan (CPP).

  • By: Staff
  • December 16, 2013 September 13, 2019
  • 11:33