cost sharing – Benefits Canada.com https://www.benefitscanada.com Canada's most influential pension and benefits publication for decision-makers Thu, 21 Nov 2024 22:24:05 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 U.S. employer-sponsored health benefits costs expected to rise 7% in 2024: survey https://www.benefitscanada.com/benefits/health-benefits/u-s-employer-sponsored-health-benefits-costs-expected-to-rise-7-in-2024-survey/ Mon, 21 Aug 2023 19:00:21 +0000 https://www.benefitscanada.com/?p=142401 The costs of U.S. employer-sponsored medical benefits are expected to rise seven per cent in 2024, according to a new survey by the International Foundation of Employee Benefit Plans. The survey found 79 per cent of U.S. employers’ benefits plans are self-funded (with or without stop-loss coverage), while 21 per cent are fully insured. The […]

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]]> Quebec court rules municipal sector pension law unconstitutional for retirees, justified for active members https://www.benefitscanada.com/pensions/governance-law/quebec-court-rules-municipal-sector-pension-law-unconstitutional-for-retirees-justified-for-active-members/ Thu, 29 Jun 2023 13:00:45 +0000 https://www.benefitscanada.com/?p=140505 The Quebec Court of Appeal has ruled the province’s Bill 15, which substantially modified municipal sector pension plans, is unconstitutional with respect to retirees but justified for active plan members. The legislation, which was passed in 2014, adopted a cost-sharing formula for plans and plan deficits, established a shared-cost stabilization fund and put an end […]

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]]> Learn more about the Risk Management Award finalists https://www.benefitscanada.com/archives_/learn-more-about-the-risk-management-award-finalists/ https://www.benefitscanada.com/archives_/learn-more-about-the-risk-management-award-finalists/#respond Mon, 30 Nov 2020 04:06:28 +0000 https://cumulus.benefitscanada.com/uncategorized/learn-more-about-the-risk-management-award-finalists/ The Canadian Investment Review’s Risk Management Award will go to a pension plan that has successfully implemented a robust approach to its risk management function. This can include implementing de-risking or re-risking or it can showcase day-to-day processes in place for risk management in pension plan investments. Highlights about the three finalists are available below: […]

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]]> https://www.benefitscanada.com/archives_/learn-more-about-the-risk-management-award-finalists/feed/ 0 Using alternatives to strive for stability at the City of Montreal pension plans https://www.benefitscanada.com/canadian-investment-review/db-investments/using-alternatives-to-strive-for-stability-at-the-city-of-montreal-pension-plans/ https://www.benefitscanada.com/canadian-investment-review/db-investments/using-alternatives-to-strive-for-stability-at-the-city-of-montreal-pension-plans/#respond Tue, 28 Apr 2020 03:29:24 +0000 https://cumulus.benefitscanada.com/uncategorized/using-alternatives-to-strive-for-stability-at-the-city-of-montreal-pension-plans/ Changes to Quebec’s pension legislation, including a move away from solvency funding requirements and the introduction of a cost-sharing model, against the backdrop of a low interest rate environment has had a major influence on the City of Montreal’s pension investment strategy. The City manages six plans under one pooled portfolio. The assets from all […]

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