dependants – Benefits Canada.com https://www.benefitscanada.com Canada's most influential pension and benefits publication for decision-makers Mon, 04 Nov 2024 16:35:17 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 How employers can support female employees’ financial, retirement wellness https://www.benefitscanada.com/archives_/benefits-canada-archive/how-employers-can-support-female-employees-financial-retirement-wellness/ Fri, 13 Sep 2024 12:57:35 +0000 https://www.benefitscanada.com/?p=159970 Brianne Collins, age 29, has worked as a senior copywriter at a large Toronto-based advertising agency for just over a year. Collins’ agency supports employee financial wellness in several ways, including a group registered retirement savings plan, financial advice and Financial Literacy Month webinars with sessions covering various financial topics. “In busy day-to-day work, it’s […]

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]]> Expert warns against urging employees to use up benefits by end of year https://www.benefitscanada.com/benefits/health-benefits/expert-warns-against-urging-employees-to-use-up-benefits-by-end-of-year/ Tue, 19 Dec 2023 14:00:09 +0000 https://www.benefitscanada.com/?p=149031 With the end of the year approaching, some employers and health practitioners may feel the need to tell employees to use up their benefits, but Rob Van De Cappelle, national benefits consultant at Cowan Insurance Group, cautions against this approach. “I tell employers and employees the benefits plan is there to keep you healthy and […]

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]]> How group life insurance can support employee financial, mental wellness https://www.benefitscanada.com/benefits/health-benefits/how-group-life-insurance-can-support-employee-financial-mental-wellness/ Tue, 14 Nov 2023 14:00:39 +0000 https://www.benefitscanada.com/?p=146745 A group life insurance policy can support employee financial and mental wellness as they pay off debt, mortgages and other liabilities, says Kevin Dorse, assistant vice-president of strategic communications and public affairs at the Canadian Life and Health Insurance Association. “Knowing they have a confirmed payout amount upon death gives comfort to an employee and […]

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]]> Toyota Motor Manufacturing Canada providing employees, dependants with $10K in gender affirmation coverage https://www.benefitscanada.com/benefits/health-benefits/toyota-motor-manufacturing-canada-providing-10k-in-gender-affirmation-coverage/ Wed, 28 Jun 2023 13:00:41 +0000 https://www.benefitscanada.com/?p=140297 Toyota Motor Manufacturing Canada Inc. is providing employees and their dependants with $10,000 in lifetime gender affirmation coverage. The additional coverage complements existing benefits that support transitioning employees, including prescription drug coverage for hormone therapy, mental-health coverage, disability insurance and medical leaves for employees who are recovering from surgeries. The new coverage is also extended to […]

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]]> OPTrust improving survivor benefits for plan members’ dependent children https://www.benefitscanada.com/pensions/defined-benefit-pensions/optrust-improving-survivor-benefits-for-plan-members-dependant-children/ Thu, 06 Apr 2023 13:00:08 +0000 https://www.benefitscanada.com/?p=136096 The OPSEU Pension Trust is expanding the definition of an eligible dependent child so disabled dependent children may be entitled to survivor benefits. Previously, a plan member’s children were only eligible for survivor benefits if they were younger than age 18, older than age 18 and attending secondary school full time or attending a post-secondary […]

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]]> More employer support needed for parents of teens facing mental-health challenges: survey https://www.benefitscanada.com/benefits/health-wellness/more-employer-support-needed-for-parents-of-teens-facing-mental-health-challenges-survey/ Wed, 25 May 2022 19:00:06 +0000 https://www.benefitscanada.com/?p=121883 More than half (55 per cent) of U.S. working parents say they aren’t receiving enough support from their employer while having to care for their teenagers’ mental-health needs, according to a new survey by Economist Impact and Cigna Corp. The survey, which polled 1,100 working parents, found nearly a fifth (18 per cent) of working […]

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]]> CAAT expanding definition of who qualifies to receive benefits https://www.benefitscanada.com/pensions/defined-benefit-pensions/caat-expanding-definition-of-who-qualifies-to-receive-benefits/ Mon, 07 Feb 2022 14:00:23 +0000 https://www.benefitscanada.com/?p=116131 The Colleges of Applied Arts and Technology Pension Plan is expanding the definition of who can qualify to receive benefits as disabled or as a dependant child under its plan. Effective Dec. 1, 2021, the CAAT’s DBprime plan design was amended to remove the requirement that a member must be receiving benefits from an employer’s long-term […]

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