Category: New Brunswick
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Fredericton Police Association v. New Brunswick (Superintendent of Pensions), 2020 NBFCST 4 – Tribunal Rejects Most Superintendent Approvals & Orders Appointment of New Actuary
This is the latest decision regarding the ongoing dispute between the Fredericton Police and Fire Fighters’ Associations (the Unions) and the City of Fredericton with respect to the defined benefit pension plan for the Unions' members . . .
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New Brunswick Bulletin re Governance Policies
The New Brunswick Financial and Consumer Services Commission published Pension Regulatory Bulletin: Governance Policies . . .
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New Brunswick Regulations re DB Plan Funding
New Brunswick filed Regulation 2020-51, which amends the regulation under the Pension Benefits Act with respect to defined benefit plan funding . . .
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New Brunswick Consultation re Unclaimed Property Program
New Brunswick's Financial and Consumer Services Commission (FCNB) published proposed rules and fees for the Unclaimed Property Program. Interested parties are invited to provide comments by November 23, 2020 . . .
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New Brunswick Draft Regulation re Solvency Funding
New Brunswick published draft regulations, which will amend the General Regulation to provide plan sponsors with greater flexibility in funding solvency deficits. Comments are due by July 13, 2020 . . .
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CAPSA Announcement re Multi-Jurisdictional Agreement
Further to several jurisdictions publishing regulations/orders approving the 2020 agreement regarding multi-jurisdictional pension plans (the 2020 Agreement), CAPSA has released its communications regarding the adoption of the 2020 Agreement . . .
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Status Update: New Leaves of Absence
Most jurisdictions across Canada have added or updated an emergency or public health leave of absence. Below is a quick recap of changes to date . . .
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New Brunswick Update re COVID-19 – Extends Filing Deadline
The New Brunswick Financial and Consumer Services Commission (FCNB) published an update regarding COVID-19, which includes guidance on Annual Information Returns (AIRs) and Actuarial Valuation Reports . . .
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New Brunswick Passes Bill 22 re Unclaimed Property
New Brunswick Bill 22, Unclaimed Property Act, received Royal Assent on March 17, 2020. Bill 22 establishes a new Act setting out a regime governing unclaimed property . . .
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New Brunswick Introduces Bill 22 re Unclaimed Property Act
New Brunswick introduced Bill 22, Unclaimed Property Act, for first reading on November 27, 2019. Bill 22 establishes a new Act setting out a regime governing unclaimed property . . .
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