Tag: Act s. 21
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Manitoba Passed Bill 8 re Pension Benefits Act
Manitoba Bill 8, The Pension Benefits Amendment Act, received Royal Assent on May 20, 2021 . . .
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Ontario Passes Bills 213 & 229
Ontario Bill 213, Better for People, Smarter for Business Act, 2020 and Bill 229, Protect, Support and Recover from COVID-19 Act (Budget Measures), 2020 received Royal Assent on December 8, 2020. Both Bills include amendments to the Pension Benefits Act (PBA). Bill 229 also includes amendments to the Financial Services Commission of Ontario Act, 1997 and the Financial Services Regulatory Authority of Ontario Act, 2016 . . .
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OSFI InfoPensions #23
The Office of the Superintendent of Financial Institutions published InfoPensions #23, which included a few updates/reminders for plan administrators, actuaries and other pension service providers . . .
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OSFI Guide re Preparation of Actuarial Reports for Defined Benefit Pension Plans
The Office of the Superintendent of Financial Institutions published an updated guide on preparing actuarial reports for defined benefit pension plans . . .
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Manitoba (Re)Introduced Bill 8 re Pension Benefits Act
Manitoba introduced Bill 8, The Pension Benefits Amendment Act, for first reading on October 14, 2020. Bill 8 includes the following amendments to the Manitoba Pension Benefits Act (PBA . . .
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Manitoba Introduced Bill 8 re Pension Benefits Act
Manitoba introduced Bill 8, The Pension Benefits Amendment Act, for first reading on November 27, 2019. Bill 8 includes amendments to the Manitoba Pension Benefits Act . . .
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Federal Passes Bill C-97 re Budget Amendments
The federal government passed Bill C-97, An Act to implement certain provisions of the budget tabled in Parliament on March 19, 2019 and other measures, on June 21, 2019. Bill C-97 includes amendments to the Pension Benefits Standards Act, 1985 (PBSA), the Canada Pension Plan (CPP) and certain public sector plans, as well as pension-related amendments to the Canada Business Corporations Act (CBCA), Bankruptcy and Insolvency Act (BIA) and the Companies’ Creditors Arrangement Act (CCAA . . .
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Federal Bill C-97 re Budget Amendments
The federal government introduced Bill C-97, An Act to implement certain provisions of the budget tabled in Parliament on March 19, 2019 and other measures, for first reading on April 8, 2019. Bill C-97 includes amendments to the Pension Benefits Standards Act, 1985 (PBSA), the Canada Pension Plan (CPP) and certain public sector plans, as well as pension-related amendments to the Canada Business Corporations Act (CBCA . . .
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Ontario Passes Bill 68 re Police Service Pension Asset Transfers
Ontario Bill 68, Comprehensive Ontario Police Services Act, 2019, received royal assent on March 26, 2019. Bill 68 includes rules applicable to the transfer of assets between the Public Service Pension Plan and the Ontario Municipal Employees Retirement System in relation to the transfer of “eligible police service employees” from the Ontario Provincial Police to another police service . . .
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Ontario Bill 68 re Policing Includes Rules Governing Pension Asset Transfers
Earlier this month, the Ontario government introduced Bill 68, Comprehensive Ontario Police Services Act, 2019, which is currently before the Standing Committee on Justice Policy. Bill 68 includes rules applicable to the transfer of assets between the Public Service Pension Plan and the Ontario Municipal Employees Retirement System in relation to the transfer of "eligible police service employees" from the Ontario Provincial Police to another police service . . .
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