Target Benefit 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 ACPM urging Retraite Québec to address recovery measures timing in draft pension amendment https://uat-cumulus.benefitscanada.com/pensions/governance-law/acpm-asking-retraite-quebec-to-address-recovery-measures-timing-in-draft-pension-amendment/ Tue, 16 Nov 2021 20:00:17 +0000 https://www.benefitscanada.com/?p=111685 The Association of Canadian Pension Management is calling on Retraite Québec to review its draft amendment of a regulation governing supplemental pension plans. In a letter to the pension plan administrator, the ACPM said that a section of the amendment — stating that recovery measures in the event of insufficient contributions to a target-benefit pension […]

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]]> Employers making pension, benefits changes as pandemic continues: survey https://uat-cumulus.benefitscanada.com/news/bencan/employers-making-pension-benefits-changes-as-pandemic-continues-survey/ Wed, 05 May 2021 13:00:36 +0000 https://www.benefitscanada.com/?p=99791 Canadian employers are making ongoing changes to their pension and benefits offerings as the coronavirus pandemic drags on, according to a new survey by the International Foundation of Employee Benefit Plans. The survey found almost one in five (18 per cent) employers offering prescription drug coverage have extended the time allowed under prior authorization periods, […]

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]]> Are target-benefit pension plans the answer to a secure, sustainable retirement? https://uat-cumulus.benefitscanada.com/news/bencan/expert-panel-are-target-benefit-pension-plans-the-answer-to-a-secure-sustainable-retirement/ Tue, 16 Mar 2021 05:00:41 +0000 https://www.benefitscanada.com/?p=96482 More Canadian employers should consider target-benefit pension plans for their employees these days. The model is gaining steam. In mid-December, 2020, the Quebec legislator signed into law the ability for all employers in Quebec to establish a target-benefit plan. There was overwhelming support from industry stakeholders throughout the legislative process including one of the largest unions […]

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