pension windup solvency – 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 Expert panel: How could inflation impact DB pension plans? https://uat-cumulus.benefitscanada.com/pensions/defined-benefit-pensions/expert-panel-how-could-inflation-impact-db-pension-plans/ Tue, 26 Oct 2021 13:00:17 +0000 https://www.benefitscanada.com/?p=110187 After being off of Canadians’ radar screens for years, the re-emergence of inflation in recent months is receiving significant attention for many, including pension plan professionals. Some believe the inflationary increases will be transitory because recent price increases are primarily due to short-term disruptions in the Canadian economy caused by the emergence from restrictions due […]

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]]> Conservatives, NDP pension promises include super-priority for members https://uat-cumulus.benefitscanada.com/pensions/defined-benefit-pensions/conservatives-ndp-pension-promises-include-super-priority-for-members/ Wed, 25 Aug 2021 13:00:35 +0000 https://www.benefitscanada.com/?p=106218 As part of the federal Conservative Party’s platform for the coming election, Leader Erin O’Toole is proposing a plan to secure pensions for Canadian workers. “Canadian workers who have paid into a pension plan on every paycheque should be able to rely on it being there when they retire,” he said in a press release. […]

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]]> NL Supreme Court rules for pension member super-priority for normal costs in bankruptcies https://uat-cumulus.benefitscanada.com/pensions/governance-law/nl-supreme-court-rules-for-pension-member-super-priority-for-normal-costs-in-bankruptcies/ Thu, 19 Aug 2021 15:30:58 +0000 https://www.benefitscanada.com/?p=105966 Pension plan members have super-priority when it comes to normal costs but not to special costs owed to bankrupted plans, the Supreme Court of Newfoundland and Labrador finds in a recent ruling. In the case, Anthony Capital Corporation (Re), between the trustees of the defunct Anthony Capital Corp.’s executive pension plan and representatives for the […]

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]]> CIA updating guidance for pension windup, solvency valuations https://uat-cumulus.benefitscanada.com/pensions/governance-law/cia-updating-guidance-for-pension-windup-solvency-valuations/ Thu, 05 Aug 2021 13:00:41 +0000 https://www.benefitscanada.com/?p=105091 The Canadian Institute of Actuaries is updating its process for releasing guidance regarding assumptions for hypothetical pension windup and solvency valuations. For quarterly guidance relating to periods from March 31 to Dec. 30, June 30 to Dec. 30 and Sept. 30 to Dec. 30, an explanatory report providing supporting material will be issued after the […]

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