Pension briefs

Canadians living longer • B.C. rail sued over pension surplus • Saskatchewan govt.’s $3.9 billion pension gap • What plan directors need to know • Ontario pension Web site
|Canadian HR Reporter|Last Updated: 12/11/2003

Canadians living longer


— If people are living longer, they may need to work longer. So Statistics Canada’s report that life spans are increasing could be good news for employers hoping staff will delay full retirement. On the other hand longer life spans mean more pension and post-retirement benefits paid out. Women born in 2001 can expect to live 82.2 years, while the average for men is 77.1 years.

B.C. rail sued over pension surplus