Does anyone like the proposed ORPP?
Both labour and businesses say there are flaws with the Ontario Retirement Pension Plan in its current form.
- By: Craig Sebastiano
- April 2, 2015 September 13, 2019
- 13:10
Top Stories in Pensions
Public servants receive pension overpayments
The Government of Newfoundland and Labrador made pension overpayments to more than 400 public servants.
- By: Staff
- April 2, 2015 September 13, 2019
- 11:55
Pension plans’ funded status dips
The solvency position of Canadian pension plans dipped slightly in the first quarter of 2015.
- By: Staff
- April 2, 2015 September 13, 2019
- 11:17
Pension plan solvency falls to lowest level since 2013
The health of Canadian DB pension plans has continued to decline in 2015, according to Aon Hewitt.
- By: Staff
- April 1, 2015 September 13, 2019
- 10:18
Who should be exempt from the ORPP?
A number of organizations say some employers and employees shouldn’t have to contribute to the Ontario Retirement Pension Plan (ORPP).
- By: Craig Sebastiano
- March 31, 2015 September 13, 2019
- 13:21
Does anyone need a PRPP?
Both small business and insurance industry leaders exhorted the Pooled Registered Pension Plan (PRPP) as a preferable option over the ORPP. But PRPPs may be…
- By: Greg Hurst
- March 27, 2015 September 13, 2019
- 07:43
Why you need a benefits communication policy
If you’re a pension or benefits plan sponsor, you need a documented communication policy. Why? Not because it’s a legal requirement. And not just to…
- By: Susan Deller
- March 26, 2015 September 13, 2019
- 07:00
Businesses say ORPP will have negative economic effects
Businesses say the Ontario Retirement Pension Plan (ORPP) could lead to hiring freezes and job losses.
- By: Craig Sebastiano
- March 25, 2015 September 13, 2019
- 12:52
DB buyouts expected to grow
While 2014 saw the average cost of buying out a DB plan remain largely stable, there's a growing trend to reduce the risks associated with…
- By: Staff
- March 25, 2015 September 13, 2019
- 11:17
Business, labour groups divided over ORPP
Business groups believe there will be unintended economic consequences if the Ontario Retirement Pension Plan becomes law, but labour organizations say it doesn’t go far…
- By: Craig Sebastiano
- March 24, 2015 September 13, 2019
- 12:21
OPTrust supports ORPP
OPTrust is in favour of the Ontario Retirement Pension Plan (ORPP).
- By: Staff
- March 20, 2015 September 13, 2019
- 10:31
Can ETFs work in defined contribution plans?
Why aren’t DC plans including ETFs in their rosters?
- By: Brooke Smith
- March 18, 2015 September 13, 2019
- 07:00
Committee to hold ORPP hearings
The Standing Committee on Social Policy will meet to consider Bill 56, An Act to require the establishment of the Ontario Retirement Pension Plan,later this…
- By: Staff
- March 16, 2015 September 13, 2019
- 10:46
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 employers can support female employees’ financial, retirement wellness
Brianne Collins, age 29, has worked as a senior copywriter at a large Toronto-based advertising agency for just over a year. Collins’ agency supports employee…
- By: Brooke Smith
- September 13, 2024 September 12, 2024
- 08:57
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…
- By: Bryan McGovern
- September 26, 2024 September 25, 2024
- 11:00
Gov’t 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 24, 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…
- By: Kelsey Rolfe
- September 13, 2024 September 12, 2024
- 08:54
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…
- By: Michael McKiernan
- June 21, 2024 June 20, 2024
- 08:55
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…
- By: Sadie Janes
- December 4, 2023 December 1, 2023
- 09:00
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…
- By: Kelsey Rolfe
- November 20, 2023 November 15, 2023
- 07:58