Knowledge & Insights
The City of Regina and the Civic Pension and Benefits Committee, representing the employers and employees of the Civic Pension Plan, have reached a negotiated agreement to address concerns regarding the long term sustainability of the Plan.
Benefits Canada: The target benefit plan (TBP) concept continues to evolve in Canada as DB plan sponsors confront funding issues and DC plan sponsors worry about the significant investment risk on the shoulders of individual employees...
On February 18, 2015, the Quebec Minister of Employment and Social Solidarity, François Blais, tabled Bill 34, “An Act to amend the Supplemental Pension Plans Act with respect to the funding and restructuring of certain multi-employer pension...
On January 20, 2015, the Ontario government released a proposed framework to facilitate the merger or conversion of Single Employer Pension Plans (“SEPPs”) to Jointly Sponsored Pension Plans (“JSPPs”) in the broad public sector.
The new Employment Pension Plans Act and the related Employment Pension Plans Regulation (the "Regulation") came into force in the province of Alberta on September 1, 2014.
Morneau Shepell maintains a comprehensive database on all of the DB pension plans for which the firm is the valuation actuary.
On December 17, 2014, the Ontario government released a consultation paper on the Ontario Retirement Pension Plan ("ORPP") titled "Ontario Retirement Pension Plan: Key Design Questions" (the "Consultation Paper").
New Brunswick’s shared-risk model for pension plans has received the highest grade from the American Academy of Actuaries.
On November 17, 2014, the Ontario government published the 2014 Ontario Economic Outlook and Fiscal Review (the “Economic Statement”).
The City of Regina and the Pension & Benefits Committee, representing the employer and employees of the Civic Pension Plan, have reached a negotiated agreement to address concerns regarding the long term sustainability of the Plan.