Knowledge & Insights
‘Sweet spot’ between DB, DC pensions - Shared risk between plan sponsor, members may make target benefit a wise alternativeJan 27, 2014
Target benefit plans rely on fixed contributions that aim to achieve a target benefit level.
Pension reform in New Brunswick can be traced to two highly publicized pension plan failures, which reduced incomes substantially below the level promised by the plans.
Target benefit plans (TBPs) may be the answer to many problems facing pension plan design, according to a white paper.
In our last Vision, we started a comparison of Defined Contribution (DC) plans versus Target Benefit Plans (TBPs).
In December 2012, the Act to provide for the establishment of target-benefit pensions in certain pulp and paper enterprises (2012, chapter 32) was adopted.
On May 2, Ontario’s Government brought forward its 2013 Budget, including a few items relevant to pensions and employee benefits.
The Morneau Shepell Handbook of Canadian Pension and Benefit Plans, which was honoured as a Globe & Mail 2012 Business Book Bestseller, has now been published in its 15th Edition.
On December 6, 2012, the Quebec National Assembly adopted Bill 15, which allows the creation of target benefit pension plans (TBPP) in certain companies in the pulp and paper sector, such as Resolute Forest Products and White Birch Paper.
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...
The 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...