pension trustees – Benefits Canada.com https://www.benefitscanada.com Canada's most influential pension and benefits publication for decision-makers Fri, 22 Nov 2024 22:16:07 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 Ontario’s proposed amendment to succession law could create confusion around pension matters: ACPM https://www.benefitscanada.com/pensions/governance-law/ontarios-proposed-amendments-to-succession-law-could-create-confusion-around-pension-matters-acpm/ Wed, 07 Aug 2024 19:00:00 +0000 https://www.benefitscanada.com/?p=158470 The Association of Canadian Pension Management is urging the Ontario government to ensure its proposed amendment to the Succession Law Reform Act doesn’t introduce unintended confusion or ambiguities that would make it challenging for pension plan sponsors, administrators and trustees to carry out their duties. In an open letter, the ACPM said the language of the […]

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]]> New target-benefit funding framework in Ontario to provide more flexibility for administrators, boards: expert https://www.benefitscanada.com/pensions/defined-benefit-pensions/new-target-benefit-funding-framework-in-ontario-to-provide-more-freedom-expert/ Mon, 18 Sep 2023 13:00:02 +0000 https://www.benefitscanada.com/?p=143545 The Ontario government’s new funding framework for target-benefit plans will provide more flexibility for plan administrators and boards, says Domenic Barbiero, principal at Eckler Ltd. The proposed framework requires trustees to establish a number of policies, including funding, benefits, communications and overall governance. “This proposal is the second iteration of a proposal from the Ministry […]

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]]> B.C. court dismisses appeal, upholds pension plan’s decision to increase retirement age https://www.benefitscanada.com/pensions/governance-law/b-c-court-dismisses-appeal-upholds-pension-plans-decision-to-increase-retirement-age/ Tue, 21 Mar 2023 13:00:00 +0000 https://www.benefitscanada.com/?p=135440 A British Columbia court has dismissed an appeal of a Supreme Court of B.C. decision that upheld the B.C. Credit Union Employers’ Pension Plan’s choice to increase its normal retirement date to age 65 from age 62. In its decision, the court found the appeal — brought by a group of plan members — alleged […]

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]]> B.C. public sector pension plans schooling trustees with plan-specific curriculum https://www.benefitscanada.com/pensions/defined-benefit-pensions/b-c-public-sector-pension-plans-schooling-trustees-with-plan-specific-curriculum/ Thu, 14 Jul 2022 13:00:44 +0000 https://www.benefitscanada.com/?p=124223 Four of British Columbia’s public sector pension plans are educating trustees with a new plan-specific curriculum. The curriculum — a collaboration between the College Pension Plan, the Municipal Pension Plan, the Public Service Pension Plan and the Teachers’ Pension Plan — was developed in response to a lack of plan-specific information provided in external education […]

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]]> Top 5 HR, benefits and pension stories of the week https://www.benefitscanada.com/news/bencan/top-5-hr-benefits-and-pension-stories-of-the-week-5/ Fri, 29 Apr 2022 13:00:44 +0000 https://www.benefitscanada.com/?p=120348 A ruling by the Supreme Court of British Columbia on the B.C. Credit Union Employers’ Pension Plan’s normal retirement date was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. B.C. court upholds pension plan’s decision to increase retirement age 2. Ontario NDP platform includes dental […]

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]]> B.C. court upholds pension plan’s decision to increase retirement age https://www.benefitscanada.com/pensions/governance-law/b-c-court-upholds-pension-plans-decision-to-increase-retirement-age/ Tue, 26 Apr 2022 13:00:45 +0000 https://www.benefitscanada.com/?p=120116 The Supreme Court of British Columbia has upheld the B.C. Credit Union Employers’ Pension Plan’s decision to increase its normal retirement date to age 65 from age 62. The 2016 decision — which was made by trustees to maintain the plan’s financial viability — was being challenged by a group of plan members who alleged […]

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]]> Newfoundland and Labrador granting MEPPs permanent solvency funding exemption https://www.benefitscanada.com/pensions/governance-law/newfoundland-and-labrador-granting-mepps-permanent-solvency-funding-exemption/ Thu, 12 Aug 2021 13:00:13 +0000 https://www.benefitscanada.com/?p=105572 The government of Newfoundland and Labrador is amending funding rules for the province’s multi-employer pension plans. The amendments include a permanent exemption from solvency funding requirements for MEPPs, retroactive to Dec. 31, 2020, when the previous temporary exemption ended. In addition, going-concern unfunded liabilities must now be funded over 10 years instead of the previous […]

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]]> How Much Are You Paying Your Asset Manager? https://www.benefitscanada.com/canadian-investment-review/research-markets/how-much-are-you-paying-your-asset-manager/ https://www.benefitscanada.com/canadian-investment-review/research-markets/how-much-are-you-paying-your-asset-manager/#respond Thu, 23 Mar 2017 09:11:11 +0000 https://cumulus.benefitscanada.com/uncategorized/how-much-are-you-paying-your-asset-manager/ New study shows UK trustees lack clarity on investment fees and costs – what about Canada?

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