The Ontario Municipal Employees’ Retirement System recently launched a new hub on its member website dedicated to retirement income sources. The new webpage is designed to support the OMERS’ members on their retirement savings and planning journey, emphasizing the importance of a secure and stable income foundation in retirement. This includes interactive tools to illustrate the […]
Benefits Canada is thrilled to announce the winners of the 2024 Workplace Benefits Awards. The awards, which were presented at the end of the 2024 Healthy Outcomes Conference in Toronto on Oct. 18, recognized employers that are making a substantial difference in their employees’ financial, mental and physical well-being. This year, Benefits Canada presented awards across […]
While 55 per cent of Canadian workers say their ability to save money remained unchanged during the summer months, 32 per cent indicated they saved less than anticipated over that period, according to a new survey by ADP Canada Co. The survey, which polled more than 1,200 workers, found more than half (56 per cent) […]
An article on how national dental-care and pharmacare programs will impact unionized employees was the most-read story on BenefitsCanada.com this past week. Here are the top five human resources, benefits, pension and investment stories of the last week: 1. How national dental-care, pharmacare programs will impact unionized employees 2. Survey finds 56% of Canadian workers reporting reduced productivity […]
More than half (56 per cent) of Canadian employees say they’re less productive at work due to financial concerns, according to a new survey by the National Payroll Institute. The survey, which polled 1,500 employees, found the percentage of Canadians who consider themselves financially stressed increased to 41 per cent from 37 per cent in […]
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 on BenefitsCanada.com this past week. Here are the top five human resources, benefits, pension and investment stories of the last week: 1. How CAPSA’s updated CAP guideline will impact plan sponsors, […]
A third (33 per cent) of North American workers say they’re financially worse off than a year ago and have financial issues that are negatively impacting their lives, according to a new survey by WTW. The global survey, which polled 45,000 employees working for medium- and large-sized private sector organizations in 29 countries and territories, […]
Canadian health benefits plan members are increasingly feeling financially strained, according to the 2024 Benefits Canada Healthcare Survey — a finding that experts say should be a call to action to employers to include more financial wellness supports in benefits plans. Personal finances has remained plan members’ top stressor for the past two years, with […]
Roughly 200 employees of the Ontario Native Women’s Association are joining the Colleges of Applied Arts and Technology’s DBplus pension plan. The ONWA is a not-for-profit organization that works to empower and support Indigenous women and their families across Ontario, according to a press release. Previously, the employees were enrolled in a group registered retirement […]
Nearly two-fifths (38 per cent) of benefits plan members are experiencing a general sense of loneliness, isolation and social disconnection, according to the 2024 Benefits Canada Healthcare Survey. This result increased significantly among those with self-reported poor mental health (76 per cent), those who had divorced or separated in the past year (74 per cent), […]