Defined benefit pension plan sponsors worry risk becoming too greatEmployers want easier funding rules and pension law harmonization across CanadaBy John Hobel11/07/2005|Canadian HR Reporter|Last Updated: 11/09/2005 Canada is heading towards two pension realities: strong defined benefit pension plans for public-sector workers, and defined contribution pension plans for private-sector employees. That’s if private-sector workers have a pension at all. That’s according to Elaine Noel-Bentley, senior director of total compensation at Calgary-headquartered Petro-Canada, and a member of the board of directors of the Association of Canadian Pension Management.The problem is that governments and regulators are making it unattractive for companies to offer DB pensions, she says. While public-sector unions can feel secure that employers won’t try to drop DB plans, plan sponsors in the private sector are looking at options. To Read the Full Story, Subscribe or Sign In Remember Me Forgot Password If you are a current Subscriber, please click here to set-up or update your login information.