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BC's new pension standards legislation will come into force on September 30, 2015, announces government

Topics: - News Releases - Pensions
Jurisdiction: - British Columbia
Sector: - All

The BC Ministry of Finance issued the following news release on May 13, 2015 regarding the province's new pension standards legislation:

The Province's new Pension Benefits Standards Act (PBSA), which accommodates alternative pension plan designs and improves plan governance, comes into force on Sept. 30, 2015, Finance Minister Michael de Jong has announced.

The new legislation modernizes the existing policy and regulatory framework for B.C.'s occupational pension plans by replacing the current legislation. It has been largely harmonized with Alberta legislation to streamline the operation of pension plans with members in both provinces.

Key benefits of the PBSA include greater access to financial hardship unlocking, enabling the establishment of target benefit plans, and enhanced disclosure and governance of pension plans.  read more »

Ontario one step closer to rolling out Ontario Retirement Pension Plan by January 1, 2017

Jurisdiction: - Ontario

The Ontario Ministry of Finance issued the following news release on April 29, 2015 concerning the Ontario Retirement Pension Plan, which is currently scheduled to be rolled out by January 1, 2017:

Bill Strengthening Retirement Security for Millions of Workers Passess in Ontario Legislature

The Ontario Retirement Pension Plan Act, 2015 has been approved by the Ontario Legislature. The Act forms the foundation of the ORPP, which the government will put in place by January 1, 2017.

Ontario has held extensive consultations across the province with business, labour, associations, young workers, pension experts, individuals and families to ensure that the government creates the best plan for the people of Ontario.

Once established, the ORPP will be the first of its kind in Canada, building on key features of the Canada Pension Plan (CPP). The ORPP will:  read more »

Should "obesity" be a prohibited ground of discrimination in Canadian human rights legislation?

The National Post newspaper ran a story today ("Obese Canadians should be granted legal protection from discrimination, professor says") which discussed whether obese people should be protected from discrimination in Canadian human rights legislation.

The article noted that this could be achieved in a few different ways. First, obesity could be treated as a "disability", which is already a recognized ground in human rights legislation. As it relates to this approach, the article noted theat:  read more »

Sexually assaulted nanny awarded $50,000 by BC Tribunal for loss of dignity, feelings and self-respect

Jurisdiction: - British Columbia

In PN v. FR and another (No. 2), 2015 BCHRT 60, a nanny who was sexually assaulted and otherwise exploited by her employer, was awarded $50,000 by the BC Human Rights Tribunal for loss of dignity, feelings and self-respect. In awarding these damages the Tribunal stated as follows:

[132]      In this case, the impact of the discriminatory conduct can be seen to be severe. Although it took place over six weeks, the impact was long-lasting and impacts the complainant until now.  read more »

Two-thirds of British Columbians support a $15 an hour minimum wage, says BC Federation of Labour

Jurisdiction: - British Columbia

The BC Federation of Labour issued the following news release today (April 1, 2015) concerning their campaign for a $15 minimum wage:

Two-thirds of British Columbians support a $15 an hour minimum wage

VANCOUVER - A recent poll shows the public is unsatisfied with the BC Liberal government's meager lift to the minimum wage, and continue to support the call for $15 an hour.

"This poll is evidence that Premier Clark and Minister Bond got it wrong when they increased the minimum wage a pathetic 20 cents," said Irene Lanzinger, President of the BC Federation of Labour.

A poll conducted by Insights West shows that two-thirds (68%) of
British Columbians continue to support increasing the minimum wage to $15 an hour.

"Despite the BC Liberals best efforts to convince the public otherwise, British Columbians do not think it's acceptable for a minimum wage worker to live in poverty," said Lanzinger. "78% of people agree it is necessary to ensure the minimum wage puts a worker above the poverty line."

Highlights of the poll include:  read more »