Normandin Beaudry Pension Plan Financial Position Index, March 31, 2025
Amid a period of stock market turbulence, the first quarter of 2025 ended with a slight deterioration in the financial position on the going concern and solvency basis.
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Amid a period of stock market turbulence, the first quarter of 2025 ended with a slight deterioration in the financial position on the going concern and solvency basis.
Discover our market monitoring report on annuity purchases in Canada in 2024!
For the 2024 tax year, Canadian taxpayers could be entitled to a tax credit ranging from 4% to 20% for medical expenses incurred for themselves or their dependants. This credit is subject to certain conditions and depends on the province or territory of residence.
A look back at the highlights of 2024 in this tenth edition of our top drug insurance developments of the past year.
The year 2024 brought a marked improvement in both the going concern and solvency financial positions.
Our specialists prepared a reference guide with the key social security parameters for 2025. This quick and easy-to-use document is your reference for public pension plans and other retirement plans. Feel free to add the web page to your bookmarks!
In recent months, we have monitored various activities concerning Ontario pension plans initiated by either the Financial Services Regulatory Authority of Ontario (FSRA) or Ontario’s Ministry of Finance. This bulletin summarizes publications on the following recent topics and provides a summary of FSRA’s activities in 2024.
As has been the case every five years since 2010, the year 2025 will bring about a new pay equity deadline for many organizations with employees in Quebec, who will be required to conduct a pay equity audit. The deadline for fulfilling your obligations is approaching and it’s time to prepare.
In mid-October, the Public Sector Accounting Board (PSAB) published a re-exposure draft on section PS 3251, the new standard for employee benefits that would apply to Canadian public sector entities and would replace sections PS 3250 and PS 3255.
On November 7, the Quebec government introduced Bill 80 to the National Assembly in order to implement provisions announced in the Budget Speech delivered on March 12, 2024. This bill reaffirms Quebec’s leadership in decumulation by specifying the legislative framework for the implementation of dynamic pension funds, also known as variable payment life annuities (VPLAs).
Vaccines are effective in preventing infectious diseases, but whether their cost is reimbursed or not varies from case to case, and it can sometimes be difficult to understand the coverage offered by private or public insurance plans. Let’s try to unravel the issue!