pension buyback

Keyword: pension buyback

3 results found
Copyright_dmitrydemidovich_123RF

An article on the issues that Canadian pension plan sponsors are considering in 2025 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. Expert panel: Regulatory guidelines, geopolitical risk impacting pension plan sponsors in 2025 2. Lawsuit alleges feds prevented […]

  • By: Staff
  • January 10, 2025 January 9, 2025
  • 09:00

The National Police Federation, which represents 20,000 Royal Canadian Mounted Police officers, has launched a class action claiming the federal government has wrongfully prevented part-time officers from buying back into their pension plan. In a press release, Brian Sauvé, president and chief executive officer at the NPF, said virtually the entire class of part-time officers […]

Copyright_armmypicca_123RF

Ontario’s small claims court has ruled that an employer’s letter, which described the benefits coverage that would exist following a divestment as ‘comparable’ to prior levels of coverage, didn’t create a contractual obligation to preserve past service benefits. “The decision makes a clear distinction between an informational announcement or other general information that is not […]