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CPP, OAS benefits to rise in 2014

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
SRPs, MEPPs, JSPPs and TBPs: Searching for clarity

SRPs, MEPPs, JSPPs and TBPs: Searching for clarity

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…

DB Summit Expert Panel: Ensuring DB sustainability

DB Summit Expert Panel: Ensuring DB sustainability

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…

New regulations related to Air Canada’s pension obligations approved

New regulations related to Air Canada’s pension obligations approved

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…

  • By: Staff
  • December 19, 2013 September 13, 2019
  • 16:18
Pension plan membership up, coverage rate down

Pension plan membership up, coverage rate down

Statistics Canada says membership in registered pension plans in Canada rose in 2011, but the pension coverage rate declined.

  • By: Staff
  • December 19, 2013 September 13, 2019
  • 16:14
IKEA expands benefits package

IKEA expands benefits package

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…

  • By: Staff
  • December 19, 2013 September 13, 2019
  • 15:11
CPP expansion fight to continue

CPP expansion fight to continue

While an attempt to enhance the Canada Pension Plan was stopped earlier this week, supporters of an expansion aren’t giving up.

2013 DB Summit: Navigating the minefield

2013 DB Summit: Navigating the minefield

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…

Quebec to tackle pension reform

Quebec to tackle pension reform

The Government of Quebec wants to make the province's pension plans more viable.

  • By: Staff
  • December 18, 2013 September 13, 2019
  • 11:39
Pension sustainability to remain a top issue

Pension sustainability to remain a top issue

The sufficiency and sustainability of Canadian retirement plans will continue to be a hot topic for pension pundits in 2014, according to Towers Watson.

  • By: Staff
  • December 18, 2013 September 13, 2019
  • 11:13
Ontario to move forward with provincial pension plan

Ontario to move forward with provincial pension plan

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…

  • By: Staff
  • December 17, 2013 September 13, 2019
  • 10:24

No CPP expansion

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…

Decision day on CPP expansion

Decision day on CPP expansion

Canada's provincial and territorial finance ministers are meeting Monday to discuss whether or not to expand the Canada Pension Plan (CPP).

  • By: Staff
  • December 16, 2013 September 13, 2019
  • 11:33

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…