Category: Target Benefit Plans
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CAPSA Updates Guideline re Pension Plan Funding Policy
Further to consultations last fall, the Canadian Association of Supervisory Authorities published an updated CAPSA Guideline No. 7 Pension Plan Funding Policy . . .
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Retraite Quebec Newsletter re Bill 68 Amendments
Retraite Québec published a newsletter reviewing Bill 68, An Act mainly to allow the establishment of target benefit pension plans, which came into force on December 11, 2020 . . .
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B.C. Regulation re Target Benefit Plan Funding
British Columbia amended the Pension Benefits Standards Regulation to provide short-term funding relief for target benefit plans . . .
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Quebec Passed Bill 68 re Target Benefit Plans
Quebec passed Bill 68, An Act mainly to allow the establishment of target benefit pension plans, on December 11, 2020. Bill 68 amends the Supplemental Pension Plans Act, to permit the establishment of target benefit pension plans (TBP . . .
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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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CAPSA Consultation re Updates to Plan Funding Policy Guideline
The Canadian Association of Supervisory Authorities published a draft update to CAPSA Guideline No. 7 Pension Plan Funding Policy for consultation . . .
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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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Ontario FSRA Announces Pension Standing Technical Advisory Committees
The Financial Services Regulatory Authority (FSRA) announced that it is establishing 4 new Pensions Standing Technical Advisory Committees, which will address issues related to: defined benefit, single-employer plans; defined contribution plans; multi-employer plans; and public sector plans . . .
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Fredericton Police Association v. New Brunswick (Superintendent of Pensions), 2019 NBFCST 4, 5, 6 – Jurisdiction of the Tribunal & Other Procedural Issues
The New Brunswick Financial and Consumer Services Tribunal Decision rendered three procedural decisions related to the ongoing pension dispute between the Fredericton Police and Fire Fighters’ Associations and the City of Fredericton . . .
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Ontario Passes Bill 100 (Budget Bill)
Ontario passed Bill 100, Protecting What Matters Most Act (Budget Measures), 2019, on May 29, 2019. Bill 100 includes amendments to the Financial Services Commission of Ontario Act, 1997, Financial Services Regulatory Authority of Ontario Act, 2016, Financial Services Tribunal Act, 2017 and Pension Benefits Act . . .
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