Category: Quebec
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Quebec Bill 68 re Target Benefit Plans
Quebec introduced Bill 68, An Act mainly to allow the establishment of target benefit pension plans, for first reading on October 7, 2020. Bill 68 amends the Supplemental Pension Plans Act, to permit the establishment of target benefit pension plans . . .
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Quebec Draft Regulation re Exemption of Certain Pension Plans
To permit a pension plan merger, Quebec has published a draft regulation exempting the merging plans from the application of certain requirements of the Supplemental Pension Plans Act (SPPA . . .
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Quebec Draft Amendment re Multi-jurisdictional Plans
Quebec published a draft Regulation to amend the Regulation respecting the funding of multi-jurisdictional defined benefit pension plans . . .
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Quebec Draft Regulation re Temporary Measures in Response to COVID-19
Quebec published a draft regulation, Measures related to supplemental pension plans to reduce the consequences of the public health emergency declared on 13 March 2020 due to the COVID-19 pandemic, which provides a number of temporary relief measures for Quebec pension plans . . .
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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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Retraite Quebec Qs & As re Temporary Easing Measures
Further to its earlier announcement, Retraite Québec published questions and answers regarding the temporary easing measures to assist pension plan administrators in response to COVID-19 . . .
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Retraite Quebec Updates AIR Requirements on Plan Merger
Retraite Québec updated its information on pension plan divisions and mergers to include new instructions regarding the production of annual information returns (AIR) for plans affected by a division or merger . . .
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Quebec Announces Temporary Relief Measures for Pension Plans
Retraite Québec announced two temporary easing measures to assist pension plan administrators: (i) the extension of certain regulatory deadlines; and (ii) updated solvency for purposes of transfers and refunds from defined benefit pension plans . . .
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Quebec Notice re Potential Administrative Relief
In response to COVID-19, the Retraite Québec sent out a newsletter advising pension plan stakeholders that it is "assessing various scenarios in order to manage and mitigate the impact of the current crisis on pension plans . . .
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Status Update: Coming Into Force January 1, 2020
This post provides a quick recap of what is (and what is not) coming into force on January 1, 2020 . . .
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