Tag: Reg. 40.1
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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 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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FSCO Adds FAQs re Biennial Statements for Retired and Former Members
FSCO has added additional questions and answers to the list of FAQs regarding the information statements to be provided to all former and retired members of a pension plan every two years . . .
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FSCO Guideline re Administrative Penalties
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FSCO FAQs re Biennial Statements for Former & Retired Members
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Ontario Regulations re New DB Funding Framework
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FSCO Amends ESG Policy
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Ontario Final Regulation re Administrative Penalties
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FSCO FAQs re Annual & Biennial Statements
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Status Update: Amendments Coming Into Force on July 1
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