employer matching – 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 How Poland’s new DC program was designed using behavioural science https://uat-cumulus.benefitscanada.com/archives_/benefits-canada-archive/how-polands-new-dc-program-was-designed-using-behavioural-science/ Fri, 17 Sep 2021 12:53:08 +0000 https://www.benefitscanada.com/?p=107343 Like many other countries around the world, Poland’s aging population is increasingly highlighting the topic of retirement savings. “Each year, the number of pensioners increase while the fertility rate decreases,” says Sebastian Ludwin, a Poland-based pension projects leader and business development manager at Aon. “On top of that, the public pension replacement rate also decreases […]

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]]> Ontario Medical Association introducing new pension annuity offering https://uat-cumulus.benefitscanada.com/pensions/retirement/ontario-medical-association-members-saving-for-retirement-with-new-annuity-offering/ Mon, 16 Aug 2021 13:00:21 +0000 https://www.benefitscanada.com/?p=105715 The Ontario Medical Association is helping its members save for retirement with a new guaranteed lifetime income annuity. Kayte Fredrickson, vice-president of insurance for the OMA, says the annuity was developed in partnership with Brookfield Annuity Co. and Common Wealth Retirement, the OMA’s retirement plan administrator, to specifically meet the retirement needs of the province’s […]

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]]> Vale mine workers ending strike after winning pension, benefits increases https://uat-cumulus.benefitscanada.com/pensions/defined-benefit-pensions/vale-mine-workers-ending-strike-after-winning-benefits-pension-increases/ Mon, 09 Aug 2021 13:00:19 +0000 https://www.benefitscanada.com/?p=105230 The first strike at Vale Canada in more than a decade is drawing to a close after unionized workers at the Sudbury, Ont., mine ratified a collective agreement that includes improved pension and health benefits. Through the agreement — which expires May 31, 2026 — the monthly pre-age 65 defined benefit pension will increase by $50 to […]

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]]> More plan sponsors meeting members’ retirement goals in 2021: survey https://uat-cumulus.benefitscanada.com/pensions/cap/more-plan-sponsors-meeting-members-retirement-goals-in-2021-survey/ Thu, 29 Jul 2021 13:00:50 +0000 https://www.benefitscanada.com/?p=104901 A majority (72 per cent) of plan sponsors believe their retirement savings plan is meeting its goals this year, up from roughly 66 per cent in 2020, according to a new survey by Fidelity Investments Inc. While 68 per cent said their employees are saving enough for retirement — up from 59 per cent in […]

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]]> Reliance Home Comfort, Unifor deal increases paid sick days, employer RRSP match https://uat-cumulus.benefitscanada.com/news/bencan/reliance-home-comfort-unifor-deal-increases-paid-sick-days-employer-rrsp-match/ Mon, 05 Jul 2021 19:00:32 +0000 https://www.benefitscanada.com/?p=103415 The 830 locked-out employees at Reliance Home Comfort sites in Ontario are heading back to work after their union ratified a new contract with the company on June 30. The new collective agreement includes two new paid sick days, improvements to the extended health benefits cost-sharing and a one per cent increase to the matching […]

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