Trying to solve Canada’s pension problem
Everyone has an opinion about how to solve Canada’s pension dilemma—the latest duo share their thoughts.
- By: Brooke Smith
- January 24, 2014 September 13, 2019
- 11:02
Everyone has an opinion about how to solve Canada’s pension dilemma—the latest duo share their thoughts.
Pension reform in New Brunswick can be traced to two highly publicized pension plan failures, which reduced incomes substantially below the level promised by the…
A revised agreement on social security between Canada and Norway came into force at the beginning of the year.
This year was an interesting one for the pension industry. It seemed as though Canada Pension Plan expansion was going to happen, but it didn't…
The benefit rates for the Canada Pension Plan and old age security are increasing, according to Employment and Social Development Canada.
As federal and provincial finance ministers prepare to discuss proposals for increasing mandatory Canada/Quebec Pension Plan premiums this weekend, a poll finds that a vast…
A survey shows that an expanded Canada/Quebec Pension Plan (C/QPP) is considered to be the best way to improve Canada's retirement income system.
As Canada contemplates whether or not to expand its public pension system, it can learn from the experience of Australia, which has managed to increase…
A pension crisis looms in Canada. Today’s young couples are facing privation in their 70s—and, likely, 80s and 90s, as our lifespans expand dramatically. Compulsory…
Employment and Social Development Canada says the basic old age security pension benefit will increase by 0.2% to $550.99 per month for the maximum benefit…
At a time when more employers are finding it difficult to fund DB plans and many workers lack the financial acumen to successfully direct their…
An Ontario senior has been charged with defrauding the Canada Pension Plan and Old Age Security programs of approximately $133,000.
The Canadian Union of Public Employees is calling on the federal government to address the issue of retirement security by expanding the Canada Pension Plan.
Sixty-four percent of Ontarians surveyed are worried they won’t have enough income to live on in retirement. Eighty-two percent of those who have DB plans…
Only 18% of working Americans are saving more for retirement now than they were one year ago, according to a new Bankrate.com report.
Only a few years ago, it was standard practice for Canadian employers to spread the love around when it came to working with HR consultants.…
OMERS Ventures, the venture capital investment arm of the OMERS pension plan, is hiring Haroon F. Mirza for the newly created role of entrepreneur in…
If you haven’t told your plan members about Carrigan v. Carrigan Estate, you’re not alone. Not only did the original decision catch the industry off-guard,…
As longevity increases and workplace pension plans decline, an alarming number of Canadians believe they are better equipped for a long retirement than they actually…
In an effort to plug a solvency gap without cutting benefits, the Anglican Church of Canada is urging its pension plan members to approve a…
Forget all the gloomy talk about Canada’s aging population putting a strain on public finances. Future seniors here are actually getting younger, a trend that…
Employer-sponsored pre-retirement seminars help increase financial literacy for participants, especially for those with relatively little knowledge, according to a study.
Oregon has decided against establishing a retirement savings plan for private sector workers.
When planning for retirement, women are more affected by emotions and less involved in decision-making, compared to their male counterparts, according to a study by…
Workers are more confident about retirement than they were last year, according to a survey.