An article detailing how Canada’s exemplary pension regulatory system is helping to safeguard plans from mismanagement was the most-read story on BenefitsCanada.com this week. Here are the top five human resources, benefits, pension and investment stories of the past week: 1. Culture of compliance prevents mismanagement, conflict at Canadian pension funds: expert 2. OPB making key appointments […]
The union representing full-time support workers at Ontario’s 24 public colleges has ratified a three-year collective agreement that includes a new mental-health benefit, coverage for medical cannabis and an enhanced bereavement leave. The new mental-health benefit will be added in September 2023, providing plan members with up to $1,750 per year for mental-health services, including […]
The George Hull Centre for Children & Families is joining the Colleges of Applied Arts and Technology’s DBplus pension plan. The Toronto-based non-profit organization previously sponsored a closed defined benefit pension plan and, for employees hired after 2010, a group registered retirement savings plan. Read: CAAT DBplus pension welcoming more members of Canadian legal community […]
Colleges and Institutes Canada is the latest employer to join the Colleges of Applied Arts and Technology’s DBplus pension plan. The organization, which is the voice of Canada’s colleges, Collèges d’enseignement général et professionnel, polytechnics and institutes, works with employers, governments and stakeholders, as well as helping partners around the world transform their education systems. CICan’s […]
The Ontario Public Service Employees Union is giving its staff more paid sick days until the end of the coronavirus pandemic or for the duration of respective collective agreements. The OPSEU is extending its annual paid sick leave from seven to 10 days and will give all of its temporary workers 10 fully paid sick […]
As part of a new collective agreement ratified earlier this year, employees at Vopak Terminals of Canada in Hamilton have joined the Colleges of Applied Arts and Technology pension plan’s DBplus arrangement, effective June 1, 2020. “During their working years, CAAT members have less worry about saving for retirement, especially in a volatile investment market,” […]
'Select' will target employers that currently don’t have a DB plan.
Ontario also downsizes proposed super fund.