Over the past decade, a movement to reduce – or eliminate – retiree coverage within employer-sponsored benefit plans has become the trend, creating serious concern for the future welfare of Canada’s seniors from both health and financial perspectives.
Ellen Whelan, Principal and Group Benefits practice leader at Eckler Ltd., explores what can be done today to avoid pushing Canada’s retirees into financial crisis tomorrow.
Reproduced with permission from Plans & Trusts, Volume 36 Number 4, pages 18-22, July/August 2018, published by the International Foundation of Employee Benefit Plans (www.ifebp.org), Brookfield, Wisconsin. All rights reserved. Statements or opinions expressed in this article are those of the author and do not necessarily represent the views or positions of the International Foundation, its officers, directors or staff. No further transmission or electronic distribution of this material is permitted.