Union.dev Insights & Updates
Archive by author: Kevin Ansems, Director of PlatformReturn
A plain-English comparison of group RRSPs and defined contribution pension plans in Canada: how they differ on access, rules, protection, and employer obligations.
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A plain-English guide to how Canadian defined benefit pensions are calculated: the 2 percent formula, pensionable service, best average earnings, and a worked example.
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Plain-English guide to running a Canadian union pension plan, what it involves day to day, where plans get stuck, and what modern software does to help.
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A plain-English guide to running a Canadian multi-employer pension plan, what makes MEPPs different, where they get stuck, and what modern software does to help.
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Modern defined benefit pension administration software for Canadian plans, including multi-employer and union funds. Contributions, portals, benefit calculation, and regulator-ready reporting.
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Union Pension Fund Administration SoftwareRunning a union pension fund is a lot of moving parts held together by people who care about getting it right.Money comes in from many employers. Members earn credit based on the hours they work. Benefits have to be worked out correctly and paid on time. Trustees need to know the fund is healthy. And every member deserves a clear answer when they ask what their pension will be. That is a big job, and for a lot of funds it is still being done with spreads...
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A clear breakdown of how defined benefit pensions are calculated: the formula, final average earnings, service credit, the multiplier, and worked examples for administrators.
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How to evaluate multiemployer and Taft-Hartley pension administration software: the criteria that matter, the questions to ask vendors, and what a migration involves.
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Modern defined benefit administration software for multiemployer and Taft-Hartley funds: contribution accounting, employer and member portals, benefit calculation, and reporting.
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How multiemployer Taft-Hartley pension plans are administered, the operational challenges trustees face, and what to look for in an administration platform.
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union software and benefits administration by union.dev