Ontario wants to make some locked pension savings easier to access
Ontario's pension unlocking proposal could change how former employees use certain retirement accounts. The consultation closed October 2, but the changes aren't law yet.
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Ontario's pension unlocking proposal could change how former employees use certain retirement accounts. The consultation closed October 2, but the changes aren't law yet.
A workplace pension is more than an investment benefit. How employers oversee plans, explain the risks and support retirement decisions determines whether the promise means anything.
Public employer renewals in Newfoundland and Labrador, Yukon and the federal plan show premiums, coverage improvements and cost sharing moving in different directions at the same time.
B.C. pension amendments that generally require plan document changes take effect October 30. The changes reach automatic contribution escalation, survivor options, locked in transfers and some annuity purchases.
TELUS Health reports that 60% of Canadian workers contributing to a workplace retirement or savings plan do not fully understand how it works. For HR teams, that turns benefits communication into a practical financial wellness and productivity issue.
HOOPP has opened plan access to certain self employed nurses and midwives, connecting retirement benefits with a healthcare workforce that increasingly works across different employment arrangements.
Record labour force participation among Canadians aged 65 and older is making retirement timing, retention, succession and pension conversations part of the same workforce plan.
The 2026 CPP ceilings create a second contribution band. Classification of benefits and annual thresholds both shape payroll costs.
Fraser shows how neutral job-sharing rules can disadvantage a group. Review the downstream effect on benefits and advancement.
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