Tag: Reg. 37
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Ontario Regulations re Deadline Extensions
Ontario filed Regulation 287/20 and Regulation 288/20, extending a number of deadlines under the Pension Benefits Act in light of COVID-19. The Financial Services Regulatory Authority (FSRA) updated its questions and answers to provide further guidance on these amendments . . .
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Ontario Regulation re PBGF Assessments
Ontario filed Regulation 187/20 amending the General Regulation under the Pension Benefits Act with respect to Pension Benefits Guarantee Fund assessments . . .
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Ontario Regulation re DB Plan Funding
Ontario filed Regulation 105/19 amending the General Regulation under the Pension Benefits Act (PBA). The amendments relate to benefit improvements, excess contributions, letters of credit, contribution holidays, provisions for adverse deviation (PfAD) and statement of investment policies and procedures (SIPP). There are also a number of amendments specifying that certain funding provisions do not apply to jointly sponsored pension plans (JSPP) and specified Ontario multi-employer pension plans (SOMEPP . . .
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Ontario New PBGF Assessment Structure & Form
Further to an earlier increase in the maximum benefit guaranteed by the Pension Benefit Guarantee Fund (PBGF) , there is a new formula for PBGF assessments, which came into force on January 1, 2019. In addition, FSCO has published a new Form 2.2: PBGF Assessment Certificate and user guide . . .
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Ontario Regulations re New DB Funding Framework
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Quebec Final Regulation re Plan Funding
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CAPSA Checklist re Late or Irregular Contributions
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Quebec Draft Regulation re DB Plan Funding
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