Every year, companies must establish an expense for their defined benefit pension plans.
The Nova Scotia government recently released further details on its proposed funding framework for defined benefit DB pension plans and amendments that will be made to the regulations.
On May 21, 2019, the government of Ontario filed O. Reg. 105/19, which makes some clarifications, technical corrections and adjustments in the new funding framework for defined benefit (DB) pension plans that took effect on May 1, 2018.
On May 8, 2019, the Canadian Association of Pension Supervisory Authorities (CAPSA) released the revised Guideline No. 2 – Electronic Communications in the Pension Industry (the Guideline).
On April 10, 2019, the Quebec National Assembly assented to Bill 10, An Act to amend the Pay Equity Act mainly to improve the pay equity audit process.
The evolution of the financial situation of pension plans since December 31, 2018
Benefits and Pensions Monitor: Are you wondering when to start receiving your CPP/QPP/OAS #retirement benefits? For a balanced view, read what Nic Peterson and Peter Gorham had to say...
HRM Online: HR leaders can take concrete steps in response to struggling employees
The CIA issued a public statement on April 18, 2019 recommending that the federal government, with the consent of provincial governments, increase the target retirement ages under the Canada & Quebec Pension Plans and Old Age Security to 67...
The 2019 Ontario Budget, which was presented on April 11, 2019, includes a number of items relating to pensions, benefits, executive compensation in the public sector and the funding of mental health initiatives.