How pension plans are valued impacts a plan sponsor’s cash contributions to the plan and the amount of pension expense reported in its financial statements.
The Alberta government has introduced Bill 10, the Employment Pension Plans Act, to replace its current pension legislation. Bill 10 closely follows British Columbia’s Bill 38, which was passed in June. Please see our News & Views article from...
On Thursday, October 18, 2012, the federal government introduced an omnibus budget legislation known as Bill C-45.
The Biggest Stories of The Quarter With Significant Ongoing Impact
Alberta has enacted regulations to provide temporary solvency funding relief. The regulations, which were adopted on September 19, 2012, apply to defined benefit pension plans registered in Alberta other than specified multi-employer pension plans.
This graph shows the changes in the financial position of a typical defined benefit plan since December 31, 2007.
At retirement, people can transfer their RRSP balance to a RRIF or they can buy an annuity.
Every year, companies must establish an expense for their defined benefit pension plans.
The U.S. presidential election is a highly anticipated event that garners much of the public’s attention. Major news outlets put huge efforts into reporting, discussing and debating the merits of the candidates, parties and policies put forth.
Canadian employers expect salaries to rise by an average of 2.6% in 2013, according to Morneau Shepell’s annual Compensation Survey.