Latest news in Governance/legislation

Pension reforms won’t affect N.L. public sector retirees

Pension reforms won’t affect N.L. public sector retirees

The Government of Newfoundland and Labrador says retirees that belong to the Public Service Pension Plan and Teachers’ Pension Plan will not be affected as…

  • By: Staff
  • September 20, 2013 September 13, 2019
  • 09:00
N.B. public sector pensioners discuss SRPPs

N.B. public sector pensioners discuss SRPPs

Public sector retirees in New Brunswick are meeting this week and next to discuss the province’s decision to implement a shared-risk pension plan.

  • By: Staff
  • September 18, 2013 September 13, 2019
  • 13:40
Alberta proposes public sector pension plan reforms

Alberta proposes public sector pension plan reforms

The Government of Alberta has proposed a number of changes to public sector pensions such as no benefit improvements until 2021 and a reduction in…

  • By: Staff
  • September 17, 2013 September 13, 2019
  • 09:26
Canadian pension system outshines U.S. one

Canadian pension system outshines U.S. one

Canada’s pension system receives a lot of criticism, but things here are better than they are south of the border. The Canadian system—as well as…

  • By: Staff
  • September 3, 2013 September 13, 2019
  • 15:53
Inspiration: Ari Kaplan

Inspiration: Ari Kaplan

Ari Kaplan wrote the book on pension law. Literally. His book, Pension Law, was first published in 2006, and a second edition, co-authored with Mitch…

Ontario pension system needs major reform

Ontario pension system needs major reform

After five years of piecemeal changes, Ontario’s pension system now requires substantial reform in order to resolve serious issues such as the scarcity of workplace…

  • By: Staff
  • August 28, 2013 September 13, 2019
  • 15:10
Ontario’s tantalizing solution to the pension coverage crisis

Ontario’s tantalizing solution to the pension coverage crisis

In my last article, I alluded to the story of the mythological princess Cassandra. Ontario’s new rules governing target benefit plans (TBPs) remind me of…

  • By: Mark Firman
  • August 23, 2013 September 13, 2019
  • 10:45
Changes needed to ensure financial security

Changes needed to ensure financial security

The head of the Ordre des CPA du Québec told the province’s Committee on Public Finance can’t continue ignoring the flaws in the current retirement…

  • By: Staff
  • August 23, 2013 September 13, 2019
  • 10:45
Support dims for some D’Amours report proposals

Support dims for some D’Amours report proposals

Quebec’s special consultation into the D’Amours report on pension reform has revealed fading support for a number of its key proposals.

Quebec pension system should follow Dutch model: RJCCQ

Quebec pension system should follow Dutch model: RJCCQ

The main solutions to Quebec’s chronically underfunded pension system are raising the retirement age and introducing a risk-sharing pension model like the one used in…

  • By: Staff
  • August 16, 2013 September 13, 2019
  • 11:08
Canada needs more sustainable pension options

Canada needs more sustainable pension options

With its aging population and growing longevity, Canada needs to overhaul its public and private pension systems in order to secure the future of new…

  • By: Staff
  • August 9, 2013 September 13, 2019
  • 14:25
Former GM execs lose appeal in U.S. pension suit

Former GM execs lose appeal in U.S. pension suit

A federal court in the United States has turned down an appeal by former executives at General Motors over cuts to their pension.

  • By: Staff
  • August 9, 2013 September 13, 2019
  • 10:05
OPSEU seeks pension trustees

OPSEU seeks pension trustees

The Ontario Public Service Employees Union (OPSEU) is seeking pension trustee candidates for the OPSEU Pension Trust. The appointments are effective October 1, and applications…

  • By: Staff
  • August 1, 2013 September 13, 2019
  • 10:15
Directions for pension reform: At the crossroads?

Directions for pension reform: At the crossroads?

Sometimes the easiest questions to ask are the most difficult ones to answer. Here’s the easy question to ask: where do we begin the next…

  • By: Murray Gold
  • July 30, 2013 September 13, 2019
  • 10:28
Premiers discuss CPP expansion

Premiers discuss CPP expansion

At last week’s Council of the Federation meeting, Canada’s premiers discussed the retirement income system and the importance of continued efforts to ensure future seniors…

  • By: Staff
  • July 29, 2013 September 13, 2019
  • 10:42
CLC calls on premiers to move forward on CPP expansion

CLC calls on premiers to move forward on CPP expansion

The Canadian Labour Congress says it’s time for the provincial and territorial premiers to ask the federal government to expand the Canada Pension Plan.

  • By: Staff
  • July 26, 2013 September 13, 2019
  • 10:03

CFIB asks premiers not to make C/QPP changes

The Canadian Federation of Independent Business has sent a letter to all provincial and territorial premiers, telling them that their members can’t afford Canada/Quebec Pension…

  • By: Staff
  • July 25, 2013 September 13, 2019
  • 10:48
U.K. Supreme Court overturns Nortel, Lehman pension ruling

U.K. Supreme Court overturns Nortel, Lehman pension ruling

The United Kingdom Supreme Court says that Nortel and Lehman Brothers pension plan members should be treated the same as other unsecured creditors of the…

  • By: Staff
  • July 24, 2013 September 13, 2019
  • 17:03
Pension plans unhappy with governance and consultants

Pension plans unhappy with governance and consultants

Many pension plans in the United Kingdom feel dissatisfied their investment consultants and current governance structure, according to a 2013 SEI report.

  • By: Staff
  • July 24, 2013 September 13, 2019
  • 08:38
San Jose, unions battle over pension reform in court

San Jose, unions battle over pension reform in court

San Jose is defending itself in court this week over its proposed pension reforms.

  • By: Staff
  • July 22, 2013 September 13, 2019
  • 16:55
Detroit pension funds dismayed by bankruptcy filing

Detroit pension funds dismayed by bankruptcy filing

Two of Detroit’s pension funds, the General Retirement System and the Fire Retirement System, are disappointed by the city’s bankruptcy filing, which is the largest…

  • By: Staff
  • July 19, 2013 September 13, 2019
  • 10:39
Pension funds sue to block Detroit bankruptcy filing

Pension funds sue to block Detroit bankruptcy filing

Two Detroit pension funds have filed a suit against the city’s emergency manager and the governor of Michigan to try to prevent Detroit from filing…

  • By: Staff
  • July 18, 2013 September 13, 2019
  • 15:18
Have you claimed your GST/HST credits on pension plan expenses?

Have you claimed your GST/HST credits on pension plan expenses?

The cloud of complex new GST/HST rules affecting pension plans that came into effect in 2010 has a significant silver lining for many pension plan…

  • By: Greg Hurst
  • July 17, 2013 September 13, 2019
  • 10:18
“Grand bargain” needed for C/QPP reform

“Grand bargain” needed for C/QPP reform

As the country’s finance ministers prepare to consider options for a modest expansion of the Canada and Quebec Pension Plans, a new study makes the…

  • By: Staff
  • July 16, 2013 September 13, 2019
  • 09:24
Quebec releases draft regulation on funding relief

Quebec releases draft regulation on funding relief

The Government of Quebec has released a draft regulation concerning new relief measures for the funding of solvency deficiencies for private sector pension plans, according…

  • By: Staff
  • July 15, 2013 September 13, 2019
  • 09:59