Diversity, equity and inclusion is top of mind for many plan sponsors these days. And, while issues around retirement and pensions likely aren’t the key focus for employers looking to tackle DEI issues, they should be. This March, the Organisation for Economic Co-operation and Development released a study that found the pension gender gap, or the difference […]
If there was a Hall of Fame for catastrophic years, 2020 would be a certainty for admission, with Canada among many nations around the globe struggling through a sickening cycle of coronavirus pandemic waves, interrupted only by economic and societal lockdowns. But take a look at the Colleges of Applied Arts and Technology pension plan’s […]
With the 2021 Workplace Benefits Awards’ nomination process drawing to a close in a couple of weeks, Benefits Canada is pleased to announce this year’s panel of judges. The deadline for this year’s awards has been extended to July 7, at which time the awards entries will be turned over to several industry experts. Read: Deadline […]
Words and imagery have the power to connect, evoke emotion and elicit a reaction. They also have the power to be inclusive, or exclusive, and employers can now harness that power for good to ensure they’re creating an inclusive workplace for everyone. If you received an email written in language you couldn’t relate to, would […]
Benefits Canada is extending the deadline for entering the 2021 Workplace Benefits Awards to Wednesday, July 7. The annual awards, which will be held virtually on Oct. 14, recognize employers and plan sponsors that are leading the way with their approaches to supporting the mental, physical and financial well-being of their employees. Enter the 2021 Workplace Benefits Awards today. […]
With the majority of PCL Construction Ltd.’s workforce continuing to work at its Canada-wide job sites and offices throughout the coronavirus pandemic, the organization’s decisions around its health benefits and pension plan have been to keep rolling. Speaking during a Q&A session to close out Benefits Canada‘s 2021 Benefits & Pension Summit on May 19, […]
Receiving peer recognition for an innovative communications strategy was among the reasons the Co-operative Superannuation Society pension plan entered Benefits Canada‘s 2020 Workplace Benefits Awards, according to Nicole Quintal, communications manager for the plan. “Quite a few peers in the industry reached out to us after we won the award and it was great to get […]
The Healthcare of Ontario Pension Plan recently surpassed 400,000 plan members, more than doubling since 2013 when it passed the 200,000 member mark. It added 12,000 new members following the merger of five plans with HOOPP in 2019. In all, membership grew by an additional 100,000 members since 2015 due, in part, to the growing […]
Alberta’s public sector pension plans are reassuring members their pensions are safe, following a recent ministerial order enacted by the provincial government. The order was enacted in late December by Alberta Finance Minister Travis Toews after 2020 deadlines for investment management agreements between the pensions and the Alberta Investment Management Corp. passed with no result. […]
Ontario’s pension plan administrators and plan members share the responsibility of maintaining current contact information, according to the Financial Services Regulatory Authority of Ontario’s final guidance on missing plan members. It recommended administrators maintain a records management system and retention schedules that support long-term administration of the pension plan and to exercise care and diligence […]