New industry-wide prescription drug pooling agreement
Jun 14, 2012CLHIA has announced a new industry-wide agreement to protect fully-insured private drug plans from the financial impact of recurring catastrophic drug claims that threaten the sustainability of these programs.
Impact on pension expense under international accounting - As at May 31, 2012
Jun 14, 2012Every year, companies must establish an expense for their defined benefit pension plans.
New Brunswick amends Pension Benefits Act
Jun 14, 2012New Brunswick introduced Bill 63, An Act to Amend the Pension Benefits Act, which establishes an optional new program structure available to pension plans registered in New Brunswick.
New study indicates First Chat is a welcome choice for receiving EAP support
Jun 14, 2012Morneau Shepell recently conducted a research study to determine the impact of First Chat.
New Brunswick Amends Pension Benefits Act
Jun 1, 2012On May 31, New Brunswick introduced Bill 63, An Act to Amend the Pension Benefits Act, which establishes an optional new program structure available to pension plans registered in New Brunswick.
2012 Federal Budget Highlights—Group Benefit Plan Impact
May 14, 2012The 2012 Federal Budget has proposed amendments which will have an impact on some employee benefits plans.
Ontario Draft Regulations Released
May 14, 2012On April 30, 2012, the Ontario government released draft regulations that would implement some of the amendments to the Pension Benefits Act (PBA) found in Bills 120 and 236.
Purchasing Annuities For a Pension Plan: The Buy-in and Buy-out Approach
May 14, 2012A pension fund administrator may want to acquire life annuities from an insurance company for a variety of reasons. These annuities may serve to reduce market risk, interest risk or even longevity risk.
Tracking the Funded Status of Pension Plans - As at April 30, 2012
May 14, 2012This graph shows the changes in the financial position of a typical defined benefit plan since December 31, 2007.