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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
Plan members unfamiliar with investment options

Plan members unfamiliar with investment options

One-third of Americans who participate in an employer-sponsored retirement plan say they are not familiar with the investment options in their plan, according to a…

  • By: Staff
  • February 27, 2014 September 13, 2019
  • 10:03
Pension buyouts less expensive in Canada

Pension buyouts less expensive in Canada

Canada is the cheapest location to insure retiree DB pension obligations and the United Kingdom is the most expensive location, according to data produced by…

  • By: Staff
  • February 26, 2014 September 13, 2019
  • 09:08
Mandatory provincial pension could make retirement more secure

Mandatory provincial pension could make retirement more secure

Morneau Shepell suggests a new government-sponsored pension program at the provincial level as a way to improve the retirement system.

  • By: Staff
  • February 25, 2014 September 13, 2019
  • 11:25
Detroit’s pensioners to take hit

Detroit’s pensioners to take hit

Detroit's bankruptcy plan has proposed slashing retirees' pensions by as much as 34%.

  • By: Staff
  • February 24, 2014 September 13, 2019
  • 10:42
Is the supplementary pension plan back?

Is the supplementary pension plan back?

Canada’s top pension guru said his idea for a supplementary pension plan has risen again.

Collaboration leads to affordable pension plan solution

When faced with issues regarding the sustainability of its DB pension plan, Saint John Energy, an electrical distribution utility servicing the City of Saint John,…

Near-retirees don’t know much about pensions

Near-retirees don’t know much about pensions

Canadians nearing retirement are confident they have enough money to live the retirement lifestyle they desire, but many do not know how much retirement income…

  • By: Staff
  • February 19, 2014 September 13, 2019
  • 15:14
CalPERS adopts new demographic assumptions

CalPERS adopts new demographic assumptions

The California Public Employees’ Retirement System board of administration has approved new demographic assumptions, which it says are designed to ensure greater sustainability and soundness…

  • By: Staff
  • February 19, 2014 September 13, 2019
  • 14:08
Replacement income levels generated by CAPs increase

Replacement income levels generated by CAPs increase

Replacement income levels generated by capital accumulation plans increased to 64% in the fourth quarter of 2013, according to Eckler’s Capital Accumulation Plan Income Tracker.

  • By: Staff
  • February 19, 2014 September 13, 2019
  • 10:29
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
De-risking not universal

De-risking not universal

With 2013 well and truly over, a number of us begin to prepare for committee meetings—if they haven’t already been held—to discuss performance. Supported by…

  • February 14, 2014 September 13, 2019
  • 11:15
Alberta pensions need better risk management: Auditor

Alberta pensions need better risk management: Auditor

A report by Alberta's auditor general finds that while public sector pension plan boards have implemented risk management systems, there's no clear responsibility for coordinating…

  • By: Staff
  • February 14, 2014 September 13, 2019
  • 10:40

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…

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…

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…