Tag: Reg. 14
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Newfoundland Regulatory Guidance re Retirement Age Assumption for Commuted Value Calculations
Newfoundland published a memo, "Retirement Age Assumption for Commuted Value Calculations under the new Canadian Institute of Actuaries’ Standards of Practice for Pension Commuted Values, Effective December 1, 2020 . . .
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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 SOMEPPs
Ontario filed Regulation 400/19, which makes changes to the Ontario multi-employer pension plan (SOMEPP) provisions in the General Regulation . . .
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Quebec Regulation re Supplemental Pension Plans
Quebec filed O.C. 1107-2019 amending the Regulation respecting supplemental pension plans . . .
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Quebec Draft Regulation re Plan Funding & Other Changes
Quebec published a draft Regulation to amend the Regulation respecting supplemental pension plans. The draft regulation, which was published on July 3, 2019, makes the following changes . . .
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FSCO/CRA/Retraite Actuarial Information Summary
The Financial Services Commission of Ontario, Canada Revenue Agency and Retraite Québec have developed a new Actuarial Information Summary (AIS . . .
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FSCO FAQS re New Funding Rules & Annuity Discharges
FSCO has published a series of questions and answers related to plan funding. The FAQs address issues pertaining to annuity purchases and discharges, provisions for adverse deviation (PfAD) and funding related disclosures . . .
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FSCO Guidance re New Funding Rules
FSCO has published a series of posts providing guidance on certain aspects of the new funding requirements for defined benefit plans. The publications address the following topics: determination of whether a plan is closed; treatment of excess contributions; and funding and actuarial requirements for plan improvements . . .
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FSCO Guideline re Administrative Penalties
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FSCO Chart re Pension Plan Funding Reform
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