January 18, 2022 by Mary Picard in Employment and Labour, Ontario, Pensions and Benefits
  • Comments Off on Ontario’s new protection for pension whistleblowers and what it means for employers

Ontario’s new protection for pension whistleblowers and what it means for employers

A patchwork of laws across Canada protect employees who raise an alarm about alleged wrongdoing in their workplaces. There is […]

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December 31, 2021 by Mary Picard in Employment and Labour, Pensions and Benefits
  • Comments Off on Significant increase in Canadian payroll deductions for the Canada Pension Plan in 2022

Significant increase in Canadian payroll deductions for the Canada Pension Plan in 2022

Canadian employers must withhold higher amounts from employees’ pay in 2022 to fund the mandatory defined benefit state pension plan […]

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November 18, 2021 by Mary Picard in Employment and Labour, General, Ontario, pensions, Pensions and Benefits
  • Comments Off on How many members of your pension plan are missing?

How many members of your pension plan are missing?

The Ontario pension regulator wants to know Administrators of registered pension plans wrestle with a serious challenge regarding “missing members”.  […]

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October 25, 2021 by Mary Picard in General, Ontario, pensions, Pensions and Benefits
  • Comments Off on Employers who administer Ontario DC pension plans: act now!

Employers who administer Ontario DC pension plans: act now!

Employers who administer defined contribution (DC) pension plans registered in Ontario may want to consider telling the Ontario government that […]

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April 22, 2020 by Mary Picard in Pensions and Benefits
  • Comments Off on Important considerations in challenging times for Canadian employers that provide workplace Group RRSPs

Important considerations in challenging times for Canadian employers that provide workplace Group RRSPs

Economic fallout from the COVID-19 pandemic has spurred pension regulators to take actions that affect Canadian employers that sponsor registered […]

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April 22, 2020 by Mary Picard in Pensions and Benefits
  • Comments Off on Important considerations in challenging times for Canadian employers that provide workplace Group RRSPs

Important considerations in challenging times for Canadian employers that provide workplace Group RRSPs

Economic fallout from the COVID-19 pandemic has spurred pension regulators to take actions that affect Canadian employers that sponsor registered pension plans. 

Group registered retirement savings plans (Group RRSP) have received less attention.  

Group RRSPs are a common type of savings plan offered by Canadian employers. Service providers take care of

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November 01, 2018 by Mary Picard in Pensions and Benefits
  • Comments Off on What happens to the pension when the pensioner disappears into thin air?

What happens to the pension when the pensioner disappears into thin air?

The Supreme Court of Canada recently agreed to hear an appeal of a Quebec case that deals with the obligations and rights of a pension plan administrator when a pensioner goes missing.

The facts are unique.  A 77-year-old retired university professor went for a walk one crisp autumn day and never

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July 04, 2017 by Mary Picard in English, Ontario, Pensions and Benefits
  • Comments Off on Cheers to the Ontario government: a tonic for dealing with pension statements for missing plan members

Cheers to the Ontario government: a tonic for dealing with pension statements for missing plan members

A helpful change to Ontario pension law has come into effect, coincident with the arrival of patio season. It is a refreshing tonic that will help administrators deal with pension plan members who are difficult to locate.

Until now, the obligation to send pension statements to former and retired plan members

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May 19, 2017 by Mary Picard in English, Ontario, Pensions and Benefits
  • Comments Off on Interesting times for employers with Ontario pension plans

Interesting times for employers with Ontario pension plans

Yesterday the Ontario Deputy Superintendent of Pensions released a formal statement that included the comment:  “these are interesting times in the pension sector.”  How true.

Many long-anticipated improvements to Ontario pension legislation, regulation and policies are finally coming into force.  The pension regulator will have more specific, helpful powers to target

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April 26, 2017 by Mary Picard in English, Ontario, Pensions and Benefits
  • Comments Off on Changes to the Canada Pension Plan: a field guide for Ontario employers

Changes to the Canada Pension Plan: a field guide for Ontario employers

Are you an employer who is uncertain about what you should be doing to prepare for the changes to the Canada Pension Plan (CPP)?  This guide will help you.

The changes were announced by the federal government a year ago, and formal rules became law at the end of 2016.  Unlike

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