Halifax Port ILA/HEA – Benefits Canada.com

Halifax Port ILA/HEA assessing past, future of DB pension plans

bmcgovern — Fri, 09 Feb 2024 13:55:44 +0000

While Blair Richards understands why the industry is moving away from defined benefit pension plans, he worries about what may be lost in the process. When Richards — the chief investment officer at the Halifax Port ILA/HEA pension plan — joined the institutional investor 40 years ago, DB plans were an attractive hiring and retention […]

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Offering DB benefits for DC members at Halifax Port ILA/HEA pension plan

mschmit — Fri, 04 Sep 2020 03:41:33 +0000

The Halifax Port ILA/HEA has found a way to provide its defined contribution pension plan members with a defined benefit upon retirement — and it’s been doing so successfully for 35 years. As a private sector multi-employer plan, the pension has about 450 active members, 300 retirees and about $210 million in assets. The DB […]

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