While three-quarters (76 per cent) of benefits plan members agreed their employer’s workplace culture or environment encourages health and wellness, plan sponsors were more enthusiastic, with 87 per cent agreeing, according to the 2024 Benefits Canada Healthcare Survey. While 24 per cent of plan members disagreed their workplace culture encourages health and wellness, that percentage rose […]
The federal government’s move to introduce legislation extending pension eligibility to frontline public safety and law enforcement workers after 25 years of service could help manage room for new hires and ensure stable plan maturity, says James Fu, partner and national leader of pensions and benefits law at Borden Ladner Gervais LLP. Hundreds of frontline workers […]
More than half (52) per cent of new public safety employee hires are expected to retire from a defined benefit pension plan, according to a new report by the National Institute on Retirement Security. The report, which reviewed data from 28 U.S. police and fire pension plan sponsors, found that DB plans are an effective […]
President Joe Biden’s order that federal employees in the U.S. get vaccinated against the coronavirus has been blocked by a federal appeals court. The 5th U.S. Circuit Court of Appeals in New Orleans has rejected arguments that Biden, as the nation’s chief executive, has the same authority as the chief executive officer of a private corporation to require […]