Tag: Reg. 1.3.2
The Ontario government has filed the regulations which will bring into force its new funding framework for defined benefit plans.
The majority of the amendments to the General Regulation are included in Regulation 250/18, which implements the proposed funding framework that was published for consultation last December. Related amendments, which largely apply to specific pension plans, are contained in a series of additional regulations. Except where otherwise noted, the new funding framework will come into force on May 1, 2018.