Legislation – Benefits Canada.com

Debate about pension fund’s divesting due to ESG issues heats up in Oregon

mdunne — Fri, 26 Nov 2021 14:00:18 +0000

Oregon’s state employee retirement fund is coming under increased scrutiny as the U.S. state is facing increased calls for divestment from companies that have environmental, social and governance issues. Oregon residents are increasingly pushing for the state to divest from fossil fuel companies and other controversial investments, but the state treasury is resisting and putting […]

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Expert panel: Less talk, more action needed to move needle on DEI at top

mdunne — Tue, 09 Nov 2021 13:00:49 +0000

While talk about the importance of improving diversity on corporate boards and in the C-suite has been ongoing for decades, actual action has been too slow. In 2020, there were more chief executive officers named Michael or James than actual women CEOs in the U.S., with just six per cent of the top 500 public […]

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Critics calling for further delay of new drug pricing regulations

mdunne — Fri, 29 Oct 2021 13:00:09 +0000

Critics of a major drug price overhaul hope a fresh federal cabinet will put a temporary stop to the new regulations set to take effect in January. The Patented Medicine Prices Review Board is set to change the way it sets a price cap on medicines in Canada in an effort to lower excessively expensive drug costs. […]

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Solvency reserve accounts missing from Manitoba’s new pension amendments

mdunne — Wed, 29 Sep 2021 13:00:53 +0000

Although Manitoba’s Pension Amendments Act takes effect on Oct. 1, pension plan sponsors are disappointed that the provisions allowing them to use reserve accounts to fund solvency deficiencies have been excluded from the proclamation. “The government has not indicated when the reserve account provisions will come into effect and sponsors are anxious because they would […]

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How employers can mark first-ever National Day for Truth and Reconciliation

mdunne — Tue, 28 Sep 2021 13:05:28 +0000

A new federal holiday offers new opportunities for Canadian employers to support Indigenous employees this week and beyond, say experts. This Thursday, Sept. 30, is the first-ever National Day for Truth and Reconciliation, a statutory holiday for all federal employees and workers in federally regulated workplaces after the House of Commons unanimously supported the legislation […]

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Top 5 HR, pension and benefits stories of the week

mdunne — Fri, 24 Sep 2021 13:00:50 +0000

The federal election is top of mind for many these days, so it’s no surprise Benefits Canada‘s most-read story over the past seven days was about the possible impact the election could have on the human resources, benefits and pension industries. Here’s the five most popular news stories of the week: 1. How will federal election […]

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97% of United Airlines’ employees vaccinated as mandate deadline approaches

mdunne — Thu, 23 Sep 2021 19:00:43 +0000

United Airlines says more than 97 per cent of its U.S.-based employees are fully vaccinated against the coronavirus now that there’s less than a week before a deadline to get the shots or get fired. The Chicago-based airline said Wednesday that the new figure doesn’t include a “small number” of employees who are seeking a medical or […]

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Germany ending coronavirus quarantine sick pay for unvaccinated

mdunne — Thu, 23 Sep 2021 13:00:08 +0000

Germany is stopping sick pay for unvaccinated people who have to go into quarantine because of the coronavirus. Previously, Germans could claim for income lost due to having to go into quarantine after returning from abroad or coming into contact with a positive case. Germany’s Health Minister Jens Spahn says the move was a matter of […]

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Women in Canada’s benefits, pension industries discuss gender equity, reversing pandemic-fueled ‘she-cession’

lbailey — Fri, 17 Sep 2021 12:55:03 +0000

Early in Shannan Corey’s pension career, many of the boards she worked with were dominated by men over the age of 50. Corey, now executive director of the Saskatchewan Pension Plan, recalls one particular board meeting she attended when her company’s actuary, also male, wasn’t able to attend. “I was in my 30s and still […]

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How could the federal parties’ childcare platforms affect working parents?

lbailey — Wed, 15 Sep 2021 13:00:57 +0000

The result of the federal election could have a direct impact on working parents. The Liberal Party made a national $10 a day childcare system a key part of its budget in the spring. However, the Conservative Party, if elected, is promising to immediately scrap these plans. In its election platform, the Conservatives set out a plan […]

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