COLA – 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 Nova Scotia’s PSSP reports 98.5% funded status, halts indexing for five years https://uat-cumulus.benefitscanada.com/canadian-investment-review/db-investments/nova-scotias-pssp-reports-98-5-funded-status-halts-indexing-for-five-years/ Wed, 01 Jul 2020 03:42:05 +0000 https://cumulus.benefitscanada.com/uncategorized/nova-scotias-pssp-reports-98-5-funded-status-halts-indexing-for-five-years/ Nova Scotia’s Public Service Superannuation Plan reported a 98.5 per cent funded status as of Dec. 31, 2019 and said it will halt cost-of-living adjustments for retirees for the next five years. According to the plan’s 2020 funded health review, its funding policy prohibits indexing when the PSSP’s funded status is below 100 per cent. […]

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]]> OMERS considering shared-risk indexing and expanding eligibility to non full-time workers https://uat-cumulus.benefitscanada.com/canadian-investment-review/db-investments/omers-considering-shared-risk-indexing-and-expanding-eligibility-to-non-full-time-workers/ Wed, 22 Apr 2020 07:47:39 +0000 https://cumulus.benefitscanada.com/uncategorized/omers-considering-shared-risk-indexing-and-expanding-eligibility-to-non-full-time-workers/ The Ontario Municipal Employees Retirement System sponsors corporation board is considering two plan design changes: the introduction of shared-risk indexing and the expansion of pension coverage to non full-time workers. On the shared-risk indexing front, the sponsors corporation board is looking at potentially reducing future inflation increases on benefits earned after Dec. 31, 2022. As […]

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