Quebec Proposes to Mirror CPP Enhancements

On November 2, 2017, the Quebec government introduced Bill 149, An Act to enhance the Québec Pension Plan and to amend various retirement-related legislative provisions. Among other things, Bill 149 will enhance the Quebec Pension Plan (QPP), in a manner similar to the forthcoming enhancements to the Canada Pension Plan (CPP) outlined in our FTR…

What Does the Future Hold? The CPP Enhancement

The first major re-design of the CPP in many years is set to be phased in starting in 2019 when higher employer and employee contributions kick in. The stated intention of the enhancement is to boost retirement income in light of concerns that Canadians are not saving enough for retirement, but the full effect of the enhancement won’t be felt until the next generation of workers retires…

Stephanie Kalinowski Quoted in Benefits and Pensions Monitor and Benefits Canada on the CPP Enhancement

Hicks Morley’s Stephanie Kalinowski presented at the ACPM regional council’s session ‘What Does The Future Hold? The CPP Enhancement’ yesterday and was featured in today’s Benefits and Pensions Monitor as well as Benefits Canada news. Stephanie said employers need to educate themselves and their key stakeholders about the implications of the enhancement for themselves and…