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
Latest news in Governance/legislation
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
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?
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
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
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
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
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 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
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
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?
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
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
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
U.S. proposal aims to shift pension risk to insurance companies
In an effort to reduce growing pension liabilities in the United States, a top Republican senator has proposed a plan that would allow state and…
- By: Yaldaz Sadakova
- July 12, 2013 September 13, 2019
- 09:13
Illinois suspends pay for legislators until pension reform passed
Illinois Governor Patrick Quinn has taken the unusual step of suspending pay for its representatives and senators until they can agree on how to eliminate…
- By: Craig Sebastiano
- July 10, 2013 September 13, 2019
- 15:46
CalPERS holds back launch of pension database
The California Public Employees’ Retirement System has delayed the release of pension data after one of its member associations planned to pursue legislation to limit…
- By: Staff
- July 10, 2013 September 13, 2019
- 15:44
Ontario releases draft regulation on pension asset transfers
The Ontario government has released draft regulations concerning asset transfers between pension plans in the context of corporate reorganizations, including the sale of a business.
- By: Staff
- July 5, 2013 September 13, 2019
- 09:18
OAS deferral option now available
Canada’s seniors now have the option to delay receiving their old age security for up to five years past the age of eligibility.
- By: Staff
- July 5, 2013 September 13, 2019
- 09:17
Regina proposes changes to reduce pension deficit
The employee and employee sponsors of the Regina Civic Pension and Superannuation Plan have finalized a letter of intent to address the pension deficit.
- By: Staff
- July 4, 2013 September 13, 2019
- 16:12
Saskatchewan amends funding rules for public sector DB plans
The Government of Saskatchewan has amended the funding rules for most DB plans in the public sector.
- By: Staff
- June 28, 2013 September 13, 2019
- 14:54
The hidden legal risks of DC plans
In Greek mythology, the god Apollo granted the princess Cassandra the ability to see the future. When she later rejected his advances, he cursed her…
- By: Mark Firman
- June 28, 2013 September 13, 2019
- 08:52
Alberta extends filing deadline for pension plan administrators
Alberta has extended the filing deadline for pension plan administrators as a result of flooding in the southern part of the province.
- By: Staff
- June 26, 2013 September 13, 2019
- 11:39
U.S. Supreme Court decision allows benefits for same-sex couples
The United States Supreme Court ruled that a 1996 law that denies federal benefits to legally married same-sex couples is unconstitutional.
- By: Staff
- June 26, 2013 September 13, 2019
- 10:56