Category: "Employee Benefits"
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New Pension Mortality Table: Commuted Values Will Rise on April 1, 2027
By Pat Johnston, FCIA, FSA – GBL | Published October 1, 2026 Starting April 1, 2027, pension commuted values in Canada will be calculated using a new mortality basis: the CPM2024 mortality table with the MI-2024 mortality improvement scale. It replaces the CPM2014 table and CPM-B improvement scale that have been used as the mortality […]
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GLP-1 Therapies and the Opportunity with Health Benefit Plans and Health Spending Accounts
Business Owners, Employee Benefits, HBP, News
What the current evidence supports, and how Canadian business owners can fund access tax-efficiently Ryan Ackers | SVP, Growth & Corporate Development, GBL September 10th, 2026 A drug class that outgrew its original purpose GLP-1 receptor agonists arrived as type 2 diabetes therapies, and they remain highly effective at that job. But the evidence base […]
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PS 3251 Employee Benefits: Major Changes to Public Sector Accounting Standards
DB, DC, Employee Benefits, MEPP, News
By Pat Johnston, FCIA, FSA – GBL PS 3251 Employee Benefits Changes In March 2026, the Public Sector Accounting Board (PSAB) issued Section PS 3251, Employee Benefits, a new standard that replaces PS 3250 (Retirement Benefits) and PS 3255 (Post-employment Benefits, Compensated Absences and Termination Benefits). While PS 3251 does not change the actual cost […]
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