Canada Pension Plan – Benefits Canada.com https://uat-cumulus.benefitscanada.com Canada's most influential pension and benefits publication for decision-makers Thu, 16 Jan 2025 20:41:36 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 CPP maximum pensionable earnings rising to $64,900 in 2022 https://uat-cumulus.benefitscanada.com/pensions/retirement/cpp-maximum-pensionable-earnings-rising-to-64900-in-2022/ Tue, 02 Nov 2021 13:00:56 +0000 https://www.benefitscanada.com/?p=110693 The maximum pensionable earnings under the Canada Pension Plan for 2022 is increasing to $64,900 from $61,600 in 2021. The new ceiling was calculated according to a CPP legislated formula that takes into account the growth in average weekly wages and salaries in Canada, according to a press release from the Canada Revenue Agency. Contributors who earn more than $64,900 in 2022 […]

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]]> Indigenous, racialized seniors have less retirement security: report https://uat-cumulus.benefitscanada.com/pensions/retirement/indigenous-racialized-seniors-have-less-retirement-security-report/ Wed, 16 Jun 2021 13:00:39 +0000 https://www.benefitscanada.com/?p=102193 Indigenous and racialized seniors have less retirement security and higher poverty rates than white seniors in Canada, according to a new report by the Canadian Centre for Policy Alternatives. Based on data from the 2016 census, the report found Indigenous seniors have an average income of $32,200 and a poverty rate of 21.5 per cent, […]

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]]> New longevity pension fund offers decumulation option for plan sponsors https://uat-cumulus.benefitscanada.com/canadian-investment-review/dc-investments/new-longevity-pension-fund-offers-decumulation-option-for-plan-sponsors/ Mon, 07 Jun 2021 13:00:28 +0000 https://www.benefitscanada.com/?p=101678 Purpose Investments Inc. is introducing a new longevity pension fund, which invests 50 per cent in equities and 50 per cent in fixed income. It can be incorporated into a defined contribution plan to provide plan members with an in-plan decumulation option, says Pat Leo, vice-president of retirement solutions at Purpose Investments, noting investors can redeem […]

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]]> Real estate investments balloon as future of retail, office sectors remain up in the air https://uat-cumulus.benefitscanada.com/news/bencan/real-estate-investments-balloon-as-the-future-of-retail-office-sectors-remain-up-in-the-air/ Fri, 19 Mar 2021 04:55:02 +0000 https://www.benefitscanada.com/?p=96483 Like many pension experts, Peter Ballon, the Canada Pension Plan Investment Board’s global head of real estate, will have the early days of March 2020 seared into his memory for many years to come. As the coronavirus pandemic took hold, grinding domestic and international travel to a halt, he — like the rest of the […]

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]]> How have Canada’s DB pensions changed over the last decade? https://uat-cumulus.benefitscanada.com/pensions/defined-benefit-pensions/how-have-canadas-db-pensions-changed-over-the-last-decade/ Thu, 20 Aug 2020 05:30:54 +0000 https://cumulus.benefitscanada.com/uncategorized/how-have-canadas-db-pensions-changed-over-the-last-decade/ Whether it’s battling the challenges of plan maturity, increasing longevity, the changing nature of work or difficult financial markets, these so-called golden handcuffs are looking pretty dented in some cases. But the 10 years following the great financial crisis wasn’t all bad. Many public pension plans, as well as affiliated administrators and investment managers, have […]

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]]> Turning thought into action to strengthen Canada’s retirement income system https://uat-cumulus.benefitscanada.com/canadian-investment-review/investments-other/turning-thought-into-action-to-strengthen-canadas-retirement-income-system/ Fri, 20 Mar 2020 05:47:19 +0000 https://cumulus.benefitscanada.com/uncategorized/turning-thought-into-action-to-strengthen-canadas-retirement-income-system/ With Canada ranking only ninth out of 37 countries on the Melbourne Mercer Global Pension Index, more can be done to move it up the list, said Keith Ambachtsheer, director emeritus at the International Centre for Pension Management, speaking at the Canadian Investment Review’s Plan Sponsor Exchange conference in February. Canada has an aging demographic […]

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]]> Ménard Releases new report on the state of the Canada Pension Plan https://uat-cumulus.benefitscanada.com/canadian-investment-review/db-investments/menard-releases-new-report-on-the-state-of-canada-pension-plan/ Thu, 03 May 2018 08:26:37 +0000 https://cumulus.benefitscanada.com/uncategorized/menard-releases-new-report-on-the-state-of-canada-pension-plan/ Latest CPP additions to cost $900 million by 2050, says Canada's chief actuary.

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]]> China and Canada Face Similar Pension Challenges: Machin https://uat-cumulus.benefitscanada.com/canadian-investment-review/cir-news/china-and-canada-face-similar-pension-challenges-machin/ Thu, 23 Feb 2017 06:22:39 +0000 https://cumulus.benefitscanada.com/uncategorized/china-and-canada-face-similar-pension-challenges-machin/ Head of CPPIB reflects on demographic similarities between the two countries

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]]> Feds Reject Retirement Eligibility Age Recommendation https://uat-cumulus.benefitscanada.com/canadian-investment-review/cir-news/feds-reject-retirement-eligibility-age-recommendation/ Wed, 08 Feb 2017 11:07:45 +0000 https://cumulus.benefitscanada.com/uncategorized/feds-reject-retirement-eligibility-age-recommendation/ Government flat out declines Liberals' economic advisory council suggested age raise.

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]]> CPPIB named to climate change task force https://uat-cumulus.benefitscanada.com/canadian-investment-review/cir-news/cppib-named-to-climate-change-task-force/ Thu, 26 May 2016 07:46:15 +0000 https://cumulus.benefitscanada.com/uncategorized/cppib-named-to-climate-change-task-force/ CPPIB executive named to Financial Stability Board group.

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