Update: second Exposure Draft of new rules for pension commuted value calculations
Jan 23, 2019On November 23, 2018, the Actuarial Standards Board (ASB) of the Canadian Institute of Actuaries released the second Exposure Draft of proposed changes to the actuarial standards applicable for the calculation of pension commuted values (CVs).
Quebec to modify funding rules for multi-jurisdictional defined benefit pension plans
Jan 23, 2019A draft regulation titled “Regulation respecting the funding of multi-jurisdictional defined benefit pension plans” (the Draft Regulation) was published in the Gazette officielle du Québec on December 5, 2018.
OSFI releases statistics on pension and savings plan coverage in Canada
Jan 23, 2019The Office of the Superintendent of Financial Institutions (OSFI) recently released a fact sheet titled Registered Pension Plans (RPPs) and Other Types of Savings Plans – Coverage in Canada.
New Ontario government postpones implementation of Pay Transparency Act
Jan 23, 2019The Ontario government has delayed the implementation of the Pay Transparency Act, 2018 (the Act), which would have required provincially regulated employers in Ontario to begin disclosing compensation information in public job postings and...
New pay equity obligations for federally regulated employers
Jan 23, 2019On December 13, 2018, the federal government’s Bill C-86, which among other things establishes a new Pay Equity Act (the Act), received royal assent.
Tracking the funded status of pension plans as at December 31, 2018
Jan 23, 2019The evolution of the financial situation of pension plans since December 31, 2017
Paid and unpaid leaves to be expanded for federally regulated employees
Jan 23, 2019On December 13, 2018, the federal government passed Bill C-86 which, among other things, will expand certain paid and unpaid leaves for federally regulated employers and employees under the Canada Labour Code (the Code).
Big business doesn't talk about disability. Do you?
Jan 21, 2019Real Business: New research reveals 56% of global C-suite executives in large companies rarely or never discuss disability on their leadership agendas. How do SMEs fare?
Morneau Shepell to offer online CBT as paramedical benefit
Jan 16, 2019Benefits Canada: Morneau Shepell Ltd. is offering its internet-based cognitive behavioural therapy program as an approved paramedical benefit through several insurance companies.