Category: Legislation & Regulations

  • Ontario Bill 144 re MEPP Asset Transfers

    The Ontario government passed Bill 144, An Act to implement Budget measures and to enact or amend certain other statutes, on December 10, 2015.  The Bill includes the following amendments to the asset transfer provisions of the Pension Benefits Act (PBA) in relation to multi-employer pension plans (MEPPs).

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  • Ontario Bill 91 ORRP Provisions in Force

    On November 19, 2015, Schedule 33 of Bill 91, Building Ontario Up Act (Budget Measures), 2015 was proclaimed in force. Schedule 33 enacts new legislation - the Ontario Retirement Pension Plan Administration Corporation Act, 2015, which will establish the new Ontario Retirement Pension Plan Administration Corporation (the ORPP Corporation).

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  • Ontario Regulation Amendments re Conversion of Broader Public Sector SEPPs to JSPPs

    Effective November 1, 2015, the Ontario government filed Regulations 311/15 and 312/15 and proclaimed into force amendments to the Pension Benefits Act (PBA) permitting a broader public sector employer-sponsored single employer pension plan (SEPP) to either transfer or merge into a new or an existing jointly sponsored pension plan (JSPP) (s. 80.4), or convert to a JSPP through plan amendments (s. 81.0.1), if specified conditions are met.

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  • Ontario Draft Regulations re Commuted Value Calculations

    The Ontario government posted draft amendments to Regulation 909 (General), Regulation 287/11(Family Law Matters) and Regulation 310/13

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  • Ontario Draft Regulations re Advisory Committees

    The Ontario government posted draft amendments to Regulation 909 related to advisory committees. 

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