Overview In the last few years, reforms to pension and employment legislation have been coming at a break neck speed. More pension and benefit related cases than ever are working their way through the system. In the face of such change, employers and plan administrators must be ready to act, making adjustments to plan design…
Tag: pension
Stephanie Kalinowski Quoted in CBC News on Pension Plans and Corporate Bankruptcy: Why Pensioners Aren’t First in Line
The news of retailer Sears filing for bankruptcy has sparked a conversation about the future of pension plans which are not fully funded, when an employer goes under. Canadian law does not prioritize pensioners with regard to dividing up assets during bankruptcy proceedings.
Stephanie Kalinowski Quoted in Benefits Canada on New CAPSA Reviews to Look at Decumulation, Missing Members
Benefits Canada quoted Hicks Morley’s Stephanie Kalinowski in a July 5, 2017 article titled “New CAPSA reviews to look at decumulation, missing members. The article explains the review The Canadian Association of Pension Supervisory is planning for this summer, looking into retirement projections and decumulation options for defined contribution pension plans, as well as developing guidance for plan administrators around missing members…