Only 38.1% of paid workers had a registered pension plans in 2006
Pensions and Retirement Security
Damages claimed for Nortel's 'failure to provide to their employees reasonable notice of the changes to the pension plan.'
Ottawa (25 June 2008) – A class-action lawsuit has been filed on behalf of employees of Nortel Networks from across Canada regarding recent changes made to their pension plan. The lawsuit was filed in Ontario Superior Court yesterday by the Ottawa law firm of Nelligan O'Brien Payne LLP.
The biggest corporate takeover in Canadian history – the purchase of BCE Inc. by a group led by the plan
Increase is 0.7 percent over the previous quarter
Ottawa (6 June 2008) —Human Resources and Social Development Canada today announced the latest benefit rates for Old Age Security (OAS).
Head of Ontario Teachers Pension Plan calls for National Pension Reform Summit
Tthe ability of Canadians to put away adequate retirement savings is in jeopardy: C.D. Howe Institute proposes "a practical solution to the problem" – the Canada Supplementary Pension Plan
Toronto (30 May 2008) – Shortcomings in workplace pensions and individual retirement saving plans mean millions of Canadians face large declines in living standards when they retire. The answer, according to the C.D. Howe Institute is a major new supplementary pension plan for Canadians.
France's government wants to extend the period of pension contributions from 40 to 41 years.
The biggest corporate takeover in Canadian history hits a roadblock
Retirements have been increasing rapidly in the federal public service as the leading edge of the baby boom generation calls it quits
Many of the DC plans and RRSPs available to Canadians 'will not contribute meaningfully to an adequate retirement income'