These are among the subjects included in the current issue of the
Morneau Shepell News & Views, a monthly publication dedicated to
providing insights to its clients in Canada
TORONTO, Oct. 29, 2013 /CNW/ - Morneau Shepell, in the current issue of
its newsletter, News & Views, examines proposed changes to Alberta's four public sector pension
plans and reports on the highlights of its annual Compensation Survey.
ALBERTA - PUBLIC SECTOR PENSION PLAN CHANGES - On September 16, 2013, the Government of Alberta announced a set of
proposed changes to four public sector pension plans that cover
approximately 200,000 active members and 120,000 retirees and deferred
ANNUAL COMPENSATION AND BENEFITS SURVEY HIGHLIGHTS - The results of Morneau Shepell's 31st annual Compensation Survey were
recently released. This survey captures trends in pensions, benefits
and health management and cash compensation from 300 organizations
counting nearly 3 million employees.
PENSION PLAN RISK TRANSFER - LONGEVITY SWAPS - New products have been developed which can help mitigate longevity
risk, including longevity swaps as an instrument to help hedge away
MARKET INDICES - Monthly summary of returns from various market indices such as the
TSX Group / PC Bond Indices and Canadian, U.S. and Foreign Equity
Indices. Also includes returns from benchmark portfolios used by
TRACKING THE FUNDED STATUS OF DEFINED BENEFIT PENSION PLANS - Impact of past returns on plan assets and the effect of interest rate
changes on solvency liabilities. This update now reflects the new CIA
guidance to reflect the duration of retired members.
IMPACT ON PENSION EXPENSE UNDER INTERNATIONAL ACCOUNTING - Expense impact for a typical defined benefit pension plan.
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leading provider of Employee and Family Assistance Programs, as well as
the largest administrator of retirement and benefits plans. Through
health and productivity, administrative, and retirement solutions,
Morneau Shepell helps clients reduce costs, increase employee
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small businesses to some of the largest corporations and associations
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SOURCE: Morneau Shepell Inc.
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