defined benefit plan – 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 Rio Tinto workers striking over pension plan, retirement benefits https://www.benefitscanada.com/pensions/retirement/rio-tinto-workers-striking-over-pension-plan-retirement-benefits/ Tue, 27 Jul 2021 13:00:04 +0000 https://www.benefitscanada.com/?p=104704 About 900 employees at Rio Tinto Group’s aluminum smelting facilities in Kitimat, B.C. are on strike after Unifor Local 2301 and the company failed to reach an agreement on July 25. The union continued negotiations with Rio Tinto until the strike deadline at midnight, according to a press release. Unifor is seeking changes to workers’ […]

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]]> Are target-benefit pension plans the answer to a secure, sustainable retirement? https://www.benefitscanada.com/news/bencan/expert-panel-are-target-benefit-pension-plans-the-answer-to-a-secure-sustainable-retirement/ Tue, 16 Mar 2021 05:00:41 +0000 https://www.benefitscanada.com/?p=96482 More Canadian employers should consider target-benefit pension plans for their employees these days. The model is gaining steam. In mid-December, 2020, the Quebec legislator signed into law the ability for all employers in Quebec to establish a target-benefit plan. There was overwhelming support from industry stakeholders throughout the legislative process including one of the largest unions […]

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]]> Desjardins Group Pension Plan to take stake in Alberta wind project https://www.benefitscanada.com/canadian-investment-review/db-investments/desjardins-group-pension-to-take-stake-in-alberta-wind-project/ https://www.benefitscanada.com/canadian-investment-review/db-investments/desjardins-group-pension-to-take-stake-in-alberta-wind-project/#respond Thu, 20 Jun 2019 05:12:24 +0000 https://cumulus.benefitscanada.com/uncategorized/desjardins-group-pension-to-take-stake-in-alberta-wind-project/ The Desjardins Group Pension Plan is set to acquire a portion of EDF Renewables Canada Inc.’s stake in the Cypress Wind Project, pending the completion of its construction and other terms and conditions. Located southeast of Medicine Hat, Alta., the project will total 48 turbines with a combined capacity of 201.6 megawatts. Construction is expected […]

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]]> https://www.benefitscanada.com/canadian-investment-review/db-investments/desjardins-group-pension-to-take-stake-in-alberta-wind-project/feed/ 0 OPTrust Announces New Defined Benefit Pension Plan https://www.benefitscanada.com/canadian-investment-review/cir-news/optrust-announces-new-defined-benefit-pension-plan/ https://www.benefitscanada.com/canadian-investment-review/cir-news/optrust-announces-new-defined-benefit-pension-plan/#respond Mon, 23 Apr 2018 07:23:33 +0000 https://cumulus.benefitscanada.com/uncategorized/optrust-announces-new-defined-benefit-pension-plan/ 'Select' will target employers that currently don’t have a DB plan.

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