Stephanie Kalinowski Quoted in Benefits Canada Article
Benefits Canada quoted Hicks Morley’s Stephanie Kalinowski in an article titled, “A look at the landscape for automatic features in Canadian pension plans.”
“[M]aking membership in an auto features-enabled CAP a condition of employment raises the prospect of a two-tier workforce, since existing employees will have to remain outside the plan or ineligible for auto-escalation without giving further consent to the changes. ‘It’s unappealing to have differential treatment between new employees and existing ones and it’s too cumbersome to administer plans for two different groups,’ says Stephanie Kalinowski.”