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.
Impact on Pension Expense under In ternational Accounting - As at April 30, 2012
May 14, 2012Every year, companies must establish an expense for their defined benefit pension plans.
British Columbia Proposes New Pensions Act, Alberta Expected to Follow
May 14, 2012The British Columbia government has introduced Bill 38, a new Pension Benefits Standards Act (the “Act”), to replace its current pension legislation. The new Act provides private-sector employers with more design options, such as target benefit...
Removing Stigma - 5 Rs of workplace mental health
May 1, 2012Stigma occurs as a result of stereotypes and negative perceptions and is often associated with mental health conditions.
Resilience - 5 Rs of workplace mental health
May 1, 2012ONE IN FIVE. According to Health Canada, that’s the number of Canadians who will directly experience mental illness in their lifetime. That means someone close to you may need an ear to listen, or a shoulder to lean on.
Recognizing Risk - 5 Rs of workplace mental health
May 1, 2012Recognizing the risk factors for mental illness needs to be addressed on several levels.