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benefit plans

By Occasional Contributors | 8 Minutes Read April 21, 2020

COVID-19 Impact: Canadian pension and retirement plans

As the Canadian economy has come to a near standstill, public equity markets have declined sharply and interest rates have dropped. This has caused sudden unanticipated and significant financial hardships for defined benefit (DB) and defined contribution (DC) registered pension plans, along with other common types of employer-sponsored retirement savings plans in Canada.

Article by Occasional Contributors / Payroll / benefit plans, COVID-19, db, DC plans, employment law, Group RRSPs, pension and employment rules, Registered Pension Plans

By De Bousquet PC Barristers and Solicitors | 2 Minutes Read July 31, 2018

HRTO: Terminating benefit plans for employees 65 and over is unconstitutional

Talos v Grand Erie District School Board involved an employee whose extended health, dental and life insurance benefits were terminated by his employer, Grand Erie District School Board, when he turned age 65, although he continued to work on a full-time basis.

Article by De Bousquet PC Barristers and Solicitors / Employee Relations, Human Rights, Payroll / age discrimination, benefit plans, employment law, group benefit plans, Pensions and Benefits, workplace discrimination based on age

By Occasional Contributors | 12 Minutes Read June 29, 2018

Ontario pension reforms – Where are they now?

The pace of pension reforms in Ontario has been fast-moving since the release of the Ontario Budget on March 28, 2018. Among other things, the Budget announced continued work on the new funding rules for defined benefit pension plans and related increases to coverage under the Pension Benefits Guarantee Fund, a consultation on a new funding framework for target benefit multi-employer pension plans, consultations regarding new protections for plan members affected by employer insolvencies, and continued work on the new pension and financial services regulator, the Financial Services Regulatory Authority.

Article by Occasional Contributors / Employee Relations, Employment Standards, Payroll, Union Relations / annuity discharge regulations, benefit plans, Canada pensions and benefits law, DB plan funding, DC plans, defined benefit pension plan, defined contribution pension plan, defined contribution plan, disclosure to members, Financial Services Regulatory Authority, Financial Services Regulatory Authority of Ontario Act, FSRA, MEPP, multi-employer pension plan, PBA, PBGF, pension benefits act, pension plan administration, pension plans, pension reform, Pensions Benefits Guarentee Fund, reduced solvency deficiency, solvency funding, Supplemental Pension Plans Act

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