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  • Article

    Boucher V. Ontario (Superintendent Of Financial Services) – Confirmation Of Limits On Entitlement To Commuted Pension Value

    Boucher v. Ontario provides a helpful reminder and explanation of the limits placed by section 42 of the Pension Benefits Act on an employee's entitlements upon retirement and withdrawal from a pension plan.
    CanadaEmployment and HR
    McMillan LLP
    McMillan LLP
  • Article

    Can A Class Of Participants Challenge 401(K) Plan Investments? An Appeals Court Says "Yes"

    One participant’s investment losses don’t generate recoveries or legal fees sufficient to interest many plaintiffs’ lawyers in filing suit, so often, a class certification is sought in lawsuits challenging plan investments as a breach of fiduciary duty.
    CanadaEmployment and HR
Osler, Hoskin & Harcourt LLP
Osler, Hoskin & Harcourt LLP
  • Article

    CAPSA Consultation On ESG, Leverage, Cyber And Risk Management Guidelines For Pension Plans

    On June 9, 2022, the Canadian Association of Pension Supervisory Authorities (CAPSA) published consultation drafts of pension plan guidelines covering environmental...
    CanadaEmployment and HR
    Bennett Jones LLP
    Bennett Jones LLP
  • Article

    Changes To The Workers Compensation Act Now In Effect

    Bill 23, which introduces significant changes to the Workers Compensation Act (the "Act"), received royal assent on August 14, 2020. The Act contains 34 provisions including changes relating ...
    CanadaEmployment and HR
    Roper Greyell LLP
    Roper Greyell LLP
  • Article

    Court Says Two Year Break In Service Not Relevant To Length Of Service For Termination Entitlements

    Employees sometimes return to a former employer after resigning to accept new employment. When there is a very long gap in service, the rehiring employer will often treat the returning ...
    CanadaEmployment and HR
    Fasken
    Fasken
  • Article

    DBplus Pension Plan – More Valuable Than A Raise

    Competition for talent is fierce. The best candidates will weigh their options. And when they compare compensation plans, they're likely to pick the one that has a pension.
    CanadaEmployment and HR
    Lawyers Financial
    Lawyers Financial
  • Article

    Defined Benefit Pension Plans: The Temporary Funding Relief Measures Will Likely Be Extended!

    Since the financial crisis of 2008, defined benefit pension plans have been confronted with a major problem, that is the problem of solvency deficiencies.
    CanadaEmployment and HR
    Lavery
    Lavery
  • Article

    Extension Of Grow-In Benefits – The Rules Have Changed

    Plan sponsors with certain types of defined benefit pension plans must familiarize themselves with the new grow-in rules which came into effect on July 1, 2012.
    CanadaEmployment and HR
    Dentons Canada LLP
    Dentons Canada LLP
  • Article

    Family Status Accommodation Requests: How Far Do Employers Need To Go?

    In the Simpson decision, the employee was a personal support worker in a retirement home.
    CanadaEmployment and HR
    McCarthy Tétrault
    McCarthy Tétrault
  • Article

    Federal Government Moving Forward With New Tax Rules For Contributions To Specified Multi-Employer Plans For Older Members

    In 2019, the federal government announced its intention to amend the tax rules for Specified Multi Employer Plans to prohibit contributions in respect of employees over age 71 and re-employed retirees.
    CanadaEmployment and HR
    Lawson Lundell LLP
    Lawson Lundell LLP
  • Article

    Federal Solvency Special Payments Moratorium In Effect

    On May 28, 2020, the federal government released regulations making good on its promise to lift the requirement for federally regulated employers to make solvency special payments to their DB pension plans.
    CanadaEmployment and HR
    Stikeman Elliott LLP
    Stikeman Elliott LLP
  • Article

    Federally Regulated Private Pension Plans: OSFI Draft Advisory On Technology And Cyber Security Incident Reporting

    In April 2023, the Office of the Superintendent of Financial Institutions ("OSFI") identified cyber risk as a major issue to be addressed in its Annual Risk Outlook – Fiscal Year 2023-2024.
    CanadaEmployment and HR
    Goodmans LLP
    Goodmans LLP
  • Article

    Finally, Canada Pension Plan (CPP) Enhancement

    On June 20, 2016, Canada's Finance Ministers reached an historic agreement to improve core retirement income benefits under the CPP.
    CanadaEmployment and HR
    Koskie Minsky LLP
    Koskie Minsky LLP
  • Article

    Financial Services Tribunal Finds Halliburton Does Not Apply In Ontario

    In 2010, the Royal Ontario Museum amended its pension plan to change the basis for calculating benefits from a best three to a best five consecutive years of earnings prior to retirement.
    CanadaEmployment and HR
    Osler, Hoskin & Harcourt LLP
    Osler, Hoskin & Harcourt LLP
  • Article

    I Take It Back! Ontario Court Of Appeal Allows Employee To Withdraw Her Resignation

    In English v Manulife Financial Corporation, the Court of Appeal overturned the motion judge's finding (previously blogged on by CCPartners here)
    CanadaEmployment and HR
    CCPartners
    CCPartners
  • Article

    More News On The ORPP

    On December 18th, 2014, the Ontario government released its consultation paper on the new Ontario Retirement Pension Plan.
    CanadaEmployment and HR
    Dentons Canada LLP
    Dentons Canada LLP
  • Article

    Non-Pension Post-Retirement Benefits – The GM Case

    Non-pension post-retirement benefits are an increasingly expensive benefit for employers and a benefit that is highly valued by employees.
    CanadaEmployment and HR
    Gowling WLG
    Gowling WLG
  • Article

    Ontario Expert Commission On Pensions Releases Final Report

    On November 20, 2008, the Ontario Expert Commission on Pensions released its final report, A Fine Balance: Safe Pensions, Affordable Plans, Fair Rules (Report).
    CanadaEmployment and HR
    Torys
    Torys
  • Article

    Ontario Government Announces Details Of The Ontario Retirement Pension Plan

    Recently, the Ontario Government provided new details regarding the Ontario Retirement Pension Plan (the "ORPP").
    CanadaEmployment and HR
    Stringer LLP
    Stringer LLP
  • Article

    Ontario Government Proposes Regulations To Expand DC Payment Options And Increase Disclosure

    The Ontario government has recently announced several proposed regulations that will affect the administration of Ontario-registered pension plans
    CanadaEmployment and HR
    Blake, Cassels & Graydon LLP
    Blake, Cassels & Graydon LLP
  • Showing 661–680 of 1854 results

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