Log in or register
Share on LinkedInShare on LinkedIn

ARTICLE · 10 OCTOBER 2012

New Brunswick’s Innovative Answer To Pension Reform

Goodmans LLP
Explore more from Goodmans LLP

New Brunswick’s shared-risk pension model, which went into force in July, is new and innovative and promises great potential.

CanadaEmployment and HR
Goodmans LLP
Goodmans LLP
Author LinkedIn connections

New Brunswick's shared-risk pension model, which went into force in July, is new and innovative and promises great potential.

This new model is the first of its kind in Canada and the New Brunswick Nurses Union, the New Brunswick Union, the Canadian Union of Public Employees (CUPE) Local 1252 and the New Brunswick Pipe Trades have said that this new model will be adopted for specific plans.

The history

The shared-risk model adopted in New Brunswick was, in part, developed based on the highly-regarded Dutch pension regime.The shared risk model was recommended by New Brunswick's Pension Task Force, which consists of Susan Rowland, Paul McCrossan and Pierre- Marcel Desjardins.

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

Register for freeORLog in

Related Articles

Legal Intelligence Newsletters: sign up for the latest legal and regulatory news on your chosen topics

Read more about

Related Comparative Guides

See more popular content from

Article

WorkSafeBC Proposes Changes To Laws Regarding Workplace Harassment And Violence

WorkSafeBC is proposing significant amendments to British Columbia's Occupational Health and Safety Regulation that would fundamentally reshape how employers address workplace harassment, violence, and psychological health. The proposed changes introduce expanded definitions, new prevention program requirements, and obligations to identify and control psychosocial hazards. These amendments could require most B.C. employers to substantially revise their existing workplace policies and procedures.
CanadaEmployment and HR
Cassels
Cassels
Article

Bill C-39: Big Changes Are Coming To Federal Workplace Rules

The federal government has tabled Bill C-39, introducing sweeping reforms to the Canada Labour Code that will fundamentally reshape union negotiations, dispute resolution, and workplace enforcement for federally regulated employers. These changes, stemming from extensive public consultations with over 26,000 responses, grant new ministerial powers while expanding government enforcement capacity by 70% through the hiring of 100 additional health and safety officers.
CanadaEmployment and HR
Torkin Manes LLP
Torkin Manes LLP
Article

Google’s Next Chapter In Wearable Health Tech: The Google Fitbit Air

Google is venturing into new territory with the development of the Fitbit Air, marking a significant evolution in wearable health technology. This advancement represents Google's continued commitment to integrating sophisticated health monitoring capabilities into consumer devices. What innovations will this next-generation wearable bring to the competitive health tech market?
CanadaFood, Drugs, Healthcare, Life Sciences
Goodmans LLP
Goodmans LLP
Article

From Club Penguin To Imagine Island: A New Era Of Children’s Online Gaming

Magic Potion Games, founded by the creators of Club Penguin, has launched Imagine Island, a new online multiplayer game designed for children aged 6-13. With over one million players during beta testing and a successful Series A funding round, the platform prioritizes safety and transparency while preparing for major expansion through entertainment partnerships and paid memberships.
CanadaMedia, Telecoms, IT, Entertainment
Goodmans LLP
Goodmans LLP