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New Brunswick public service pension board approves cost of living increase

New Brunswick public service pension board approves cost of living increase

The New Brunswick Public Service Pension Plan’s joint board of trustees has approved a full cost of living increase of 1.4 per cent for its…

  • By: Staff
  • September 15, 2016 September 13, 2019
  • 14:32
Ontario Teachers’ to partially restore inflation protection for newer retirees

Ontario Teachers’ to partially restore inflation protection for newer retirees

The Ontario Teachers’ Pension Plan will use part of its $13.2-billion surplus to restore some inflation protection for teachers who retired after 2009, according to the…

  • By: Staff
  • September 15, 2016 September 13, 2019
  • 10:19
OMERS extends additional voluntary contribution program

OMERS extends additional voluntary contribution program

The Ontario Municipal Employees Retirement System is changing its additional voluntary contributions program to allow pension members to keep non-locked-in funds in their voluntary account…

Public service jobs appealing to majority of Canadians: survey

Public service jobs appealing to majority of Canadians: survey

Public service employers that offer job stability, workplace flexibility and technological resources are likely to attract new talent, according to a new survey by global…

  • By: Staff
  • September 14, 2016 September 13, 2019
  • 09:30
56% of Canadians over 50 don’t have a retirement savings plan: survey

56% of Canadians over 50 don’t have a retirement savings plan: survey

More than half (56 per cent) of Canadian pre-retirees aged 50 or older don’t have a retirement savings plan, according to research commissioned by the…

  • By: Staff
  • September 12, 2016 September 13, 2019
  • 09:16
Detroit Three contract bargaining will include pension structure

Detroit Three contract bargaining will include pension structure

As Unifor moves ahead in its contract negotiations with the Detroit Three, the union said part of the conversation will be around the automakers’ pension…

MPs on finance committee set to probe effects of CPP changes

MPs on finance committee set to probe effects of CPP changes

The federal government’s bid to expand the Canada Pension Plan is being put under the microscope, including an examination of the impact it could have…

Canadian pensions rank among the top global plans: report

Canadian pensions rank among the top global plans: report

Canada is holding its own in global pension leadership with 19 Canadian plans making the list of the top 300 global pension plans, according to…

  • By: Staff
  • September 9, 2016 September 13, 2019
  • 08:57
B.C. CPP consultations raise ‘red flags’ as approval deadline looms

B.C. CPP consultations raise ‘red flags’ as approval deadline looms

British Columbia is providing few details on the status of its consultations on the Canada Pension Plan despite a looming deadline of the end of…

Canada Post union reveals labour deal details

Canada Post union reveals labour deal details

Canada Post’s tentative agreement with the Canadian Union of Postal Workers doubles almost all paramedical benefits for rural and suburban mail carriers. The only exception…

  • By: Staff
  • September 8, 2016 September 13, 2019
  • 10:13
Release of pension info the focus of court battle between rival unions

Release of pension info the focus of court battle between rival unions

A case centred on the ability to access actuarial documents filed with the Ontario pension regulator may soon be heading to the Ontario Court of…

  • By: Jann Lee
  • September 8, 2016 September 13, 2019
  • 08:50
Have your say: Should the feds reinstate lifelong pensions for disabled military veterans?

Have your say: Should the feds reinstate lifelong pensions for disabled military veterans?

A legal battle between six disabled veterans and the federal government could finally come to a close this fall. The case, which was launched in…

  • By: Staff
  • September 7, 2016 September 13, 2019
  • 09:20
A stalemate on pensions leaves workers in the lurch

A stalemate on pensions leaves workers in the lurch

After a long, tense summer in which lockouts and strike action were threatened, Canada Post finally came to an agreement with the Canadian Union of…

Top 5 HR, benefits, pension and investment stories of the week

An article on how the Canadian Association of Pension Supervisory Authorities’ updated capital accumulation plan guideline will impact plan sponsors and members was the most-read story…

  • By: Staff
  • September 27, 2024 September 26, 2024
  • 09:00

How CAPSA’s updated CAP guideline will impact plan sponsors, members

While the Canadian Association of Pension Supervisory Authorities’ updated capital accumulation plan guideline contains several key updates with regard to plan sponsor and member responsibilities,…

  • By: Blake Wolfe
  • September 24, 2024 September 24, 2024
  • 09:00

Report finds world’s 300 largest pension funds’ AUM increased 10% in 2023

In 2023, the world’s 300 largest pension funds’ assets under management increased by 10 per cent to US$22.6 trillion, compared to $20.6 trillion at the…

  • By: Staff
  • September 18, 2024 September 18, 2024
  • 09:00

How are Canadian DB pension plan sponsors making use of surplus funds amid positive funded status environment?

With many Canadian defined benefit pension plans in a strong funded position, plan sponsors, particularly those with unionized workforces, are increasingly discussing the use of…

Feds seeking feedback on solvency reserve accounts for federally regulated DB pension plans

The federal government is currently seeking recommendations about its plan to introduce solvency reserve accounts for federally regulated defined benefit pension plans. Under the government’s…

  • By: Staff
  • September 26, 2024 September 30, 2024
  • 11:00

CalPERS CEO pay reaching US$1.2M due to investment performance boost: report

Marcie Frost, chief executive officer at the California Public Employees’ Retirement System, is receiving a significant bonus that will boost her compensation to more than…

  • By: Staff
  • September 25, 2024 September 23, 2024
  • 15:00

2024 CAP Member Survey: How CAPs are supporting employee financial wellness amid growing economic uncertainty

From 2016 to 2024, fewer plan members are confident they’ve saved enough for retirement. Indeed, Benefits Canada’s 2024 CAP Member survey found plan members’ optimism…

  • By: Blake Wolfe
  • September 13, 2024 September 12, 2024
  • 08:56

How plan sponsors can support employees going through a divorce

Going through a divorce can be an extremely stressful and emotional experience and, unsurprisingly, the impacts can spill into the workplace. “[Employees may be] at…

2024 Top 100 Pension Funds report: Employees’ financial wellness moving up the agenda for pension plan sponsors

When Phillip Kotanidis took over as chief human resources officer at Toronto’s Michael Garron Hospital in 2018, the financial well-being of staff wasn’t exactly high…

How Ontario pay transparency legislation will impact employers

As Ontario prepares to introduce pay transparency legislation, it’s important for employers to consider how much information they want to share in job postings, says…

Desjardins using budget workshops, interactive game to support employee financial wellness

Desjardins Insurance is marking Financial Literacy Month with a series of budgeting workshops for employees and an interactive game to help improve financial literacy. The…

  • By: Sadie Janes
  • November 24, 2023 November 23, 2023
  • 09:00

2023 Healthy Outcomes Conference: A closer look at the mental, physical, financial risk factors facing plan members

Many plan members are experiencing risk factors related to poor mental, physical and financial well-being, but often don’t know they can turn to their benefits…