employee benefit plans for over 65

When Employees Delay Retirement It Affects Benefits Plans

The changing demographics of the workforce have seen an increased number of employees delay retirement and work beyond the retirement age we had grown accustomed to. Some seniors choose not to retire because they still find work interesting. Others cannot afford to retire and feel they must continue working. As an employer, both groups will…

The Realities of Retirement Planning in Canada

According to the recent RBC poll on Retirement Myths & Realities, Canadian’s expectations of retirement planning and the reality of their actual retirement objectives and goals have many major conflicts. Here are some highlights from the poll that compare retirement planning “Expectations” with “Reality.” Social Time Missed More Than Regular Paycheques Expectation: Nearly half of…

Poll Reveals Employee Preferences on Saving for Retirement

Canadian workers prefer TFSAs, RRSPs and private investments to CPP. A recent opinion poll by Ipsos-Reid for the Canadian Federation of Independent Businesses (CFIB) published some very interesting findings of Canadian’s retirement planning, ability to save for retirement, and preferred retirement planning and employee benefits. The CFIB study discovered that before increasing CPP, more Canadians…