ARIA exclusives

OPTrust is launching a new pension model aimed at modest income earners. Called OPTrust Select, it’s designed to offer a secure retirement solution at a moderate cost for both employers and employees. The launch marks the first new jointly sponsored, defined benefit (DB) product offering for modest income earners in a...

Canadians, according to research, want the kind of retirement security provided by a defined benefit pension plan, and they are willing to pay for it. Employers also enjoy the benefits of a defined benefit pension through the recruitment and retention value the model provides. And the stable income delivered to...

ARIA Pensions Blog, Email: sitemanager@ariapensions.ca, 12 Dunlop Street East, Barrie, Ontario, Canada, L4M 1A3

With a funded status of 118 per cent on a going-concern basis, the CAAT Pension Plan continues to build membership as new employers, including those from the private sector, consider joining the DB plan. The plan enjoys a funded reserve of $2.3 billion, based on its latest actuarial valuation as of Jan. 1 2018....

From Beijing to Washington and places between, Canada’s model of delivering retirement security is attracting positive attention. The Canada Pension Plan investment Board (CPPIB), for example, shared the story of the country’s national plan with the Chinese as that nation looks to bolster its own retirement...

It's no secret that a significant number of Canadians are simply unprepared for retirement, lacking adequate income to keep them in their senior years. Research shows that one in three Canadians experience retirement insecurity, with those closest to the retirement years, 55-64 year olds, having only an average of...

A couple of initiatives launched in California two years ago will not only increase the hourly wage of low-income workers, they will help them save for retirement according to a recent study by the UC Berkeley Center for Labor Research and Education. The study, authored by the center’s director of the retirement...