The Federal Pay Equity Act, which took effect on Aug. 31, 2021, requires all federally regulated employers with 10 or more employees to prepare and post a pay equity plan by Sept. 3, 2024. In addition, it requires all unionized employers or those with 100 or more workers to establish a pay equity plan — […]
New York City’s pension funds and the State of Oregon are suing Fox Corp., alleging the company harmed investors by allowing Fox News to broadcast falsehoods about the 2020 U.S. presidential election that exposed the network to defamation lawsuits, according to a report by the New York Times. The lawsuit, which didn’t specify the damages […]
An article announcing the finalists in Benefits Canada‘s 2023 Workplace Benefits Awards was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. Who are the finalists of the 2023 Workplace Benefits Awards? 2. How employers can help prevent post-vacation burnout 3. AI tools helping insurers manage plan costs by […]
An arbitrator has ruled that a pension grievance filed seven years beyond a collective agreement’s time limit could proceed because of the employer’s “culture of acquiescence” regarding enforcement of the limit. “The message to employers is that if they get in the habit of letting time limits slide, their lack of adherence can come back […]
As several U.S. states enact legislation restricting gender-affirming care, Indeed Inc. is offering US$10,000 to transgender employees or those with transgender children who want to relocate, according to a report by the Financial Post. The hiring company will cover any tax liability created by the payment, which is considered income, said Misty Gaither, Indeed’s vice-president […]
In 2022, Beneva Inc.’s fraud management department noticed unusual activity under a plan member’s account. The insurer’s artificial intelligence tool, used to analyze millions of benefits claims, flagged that a plan member and the person’s dependant had used up all their maximum coverages within a short period of time. When the plan coverage rolled over […]
An article on the Ontario Court of Appeal upholding its decision in the Brewers Retail Inc. pension case was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. Court of Appeal upholds decision in Brewers Retail pension case 2. Are insurers updating their benefits policies to include […]
There have been several changes to the Canada Labour Code in recent months. Here’s an overview of what’s happened and what’s on the horizon for employers under federal labour jurisdiction. New employer obligations As of July 9, 2023, federally regulated employers must reimburse employees for reasonable work-related expenses. When determining whether an expense is related […]
The Financial Services Regulatory Authority of Ontario is seeking feedback on proposed updates to its guidance on pension plan administrator roles and responsibilities. The updates include new sections on managing and retaining records, responding to complaints and inquiries and communicating information to plan members in an accurate and timely manner. Jordan Fremont, a partner at […]
While ChatGPT is helping benefits communications become more efficient, detailed and reliable, the risks may outweigh the rewards when it comes to full automation, says Tom Milne, a principal at Normandin Beaudry. The possibilities for generative artificial intelligence in the benefits space are infinite, he says, noting the algorithms are helping expedite the research and […]