flexible pension – Benefits Canada.com https://www.benefitscanada.com Canada's most influential pension and benefits publication for decision-makers Fri, 22 Nov 2024 22:16:07 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 3M freezing U.S. DB pension plans for non-union employees by end of 2028 https://www.benefitscanada.com/pensions/defined-benefit-pensions/3m-freezing-u-s-db-pension-plans-for-non-union-employees-by-end-of-2028/ Wed, 10 Jan 2024 20:00:11 +0000 https://www.benefitscanada.com/?p=150125 3M will freeze its U.S. defined benefit pension plans for non-union U.S. employees, effective Dec. 31, 2028, and move plan members to a 401(k) plan structure. Eligible employees will continue to accrue benefits under the pension plans until the freeze date, according to a press release, which noted this decision applies to both 3M and 3M Health Care. Former […]

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]]> Q&A with PepsiCo Canada’s Jaye Calder https://www.benefitscanada.com/archives_/benefits-canada-archive/qa-with-pepsico-canadas-jaye-calder/ Fri, 13 Oct 2023 12:53:01 +0000 https://www.benefitscanada.com/?p=145012 The food and beverage company’s manager of pension, benefits and wellness discusses fostering an inclusive and supportive work environment, the importance of flexible benefits and the soothing silence of swimming. Q: What top challenges do you face in your role?  A: In the realm of total rewards, simplification versus personalization is the challenge I experience […]

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]]> Changes to QPP allowing flexibility on pension contributions, retirement age: expert https://www.benefitscanada.com/pensions/governance-law/changes-to-qpp-allowing-flexibility-on-pension-contributions-retirement-age-expert/ Wed, 19 Apr 2023 13:00:57 +0000 https://www.benefitscanada.com/?p=136711 Recent amendments to the Quebec Pension Plan to encourage people to work past age 65 offer more flexibility on contributions and retirement age, says Bonnie-Jeanne MacDonald, director of financial security research for the National Institute on Ageing at Toronto Metropolitan University. “If people are accumulating a pension, working longer could potentially increase their pension,” says MacDonald, who […]

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]]> New report suggests working longer could mean a healthier economy https://www.benefitscanada.com/canadian-investment-review/research-markets/new-report-suggests-working-longer-could-mean-a-healthier-economy/ https://www.benefitscanada.com/canadian-investment-review/research-markets/new-report-suggests-working-longer-could-mean-a-healthier-economy/#respond Wed, 20 Jun 2018 12:16:43 +0000 https://cumulus.benefitscanada.com/uncategorized/new-report-suggests-working-longer-could-mean-a-healthier-economy/ Working longer could add $4.6 trillion to OECD economies: PwC

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