CPP, OAS benefits to rise in 2014
The benefit rates for the Canada Pension Plan and old age security are increasing, according to Employment and Social Development Canada.
- By: Staff
- December 23, 2013 September 13, 2019
- 12:03
The benefit rates for the Canada Pension Plan and old age security are increasing, according to Employment and Social Development Canada.
Taxonomy, the classification of things or concepts, isn’t just for dusty old biology textbooks. Only by grouping things together or separating them out can we…
This is the second of two parts. Part 1 was published on Wednesday. Canada Post’s recent dramatic decision to cut back some of its services…
Air Canada says the Government of Canada has advised the airline that, further to the agreement announced in March, new regulations applicable to Air Canada's…
Statistics Canada says membership in registered pension plans in Canada rose in 2011, but the pension coverage rate declined.
IKEA is expanding its employee benefits package. Beginning in 2014, every employee worldwide will receive an equal contribution to his or her pension plan, based…
While an attempt to enhance the Canada Pension Plan was stopped earlier this week, supporters of an expansion aren’t giving up.
As DB pension plans approach higher funding levels—with funded ratios jumped from 82% to 94% in the first half of this year, per the Mercer…
The Government of Quebec wants to make the province's pension plans more viable.
The sufficiency and sustainability of Canadian retirement plans will continue to be a hot topic for pension pundits in 2014, according to Towers Watson.
Ontario will go ahead with its plan to create a pension for its residents now that the latest attempt to enhance the Canada Pension Plan…
Canada’s finance ministers met in Meech Lake, Que., on Sunday and Monday but were unable to come to an agreement regarding an enhancement to the…
Canada's provincial and territorial finance ministers are meeting Monday to discuss whether or not to expand the Canada Pension Plan (CPP).
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…
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,…
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…
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…
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…
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…
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…
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…
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…
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 Insurance is marking Financial Literacy Month with a series of budgeting workshops for employees and an interactive game to help improve financial literacy. The…
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…