Tag: Act s. 11
-
Re CCRL Petroleum Employees’ Pension Plan, 2020 (Sask. Superintendent) – Reducing Indexation for Past Service is Void Amendment
The Consumers’ Co-operative Refineries Limited (CCRL) Petroleum Employees’ Pension Plan (the Plan) was initially a non-contributory defined benefit plan, which included management and unionized employees. In 2020, CCRL and the union agreed to make further changes to the Plan with the objective of lowering the costs of the Plan for CCRL . . .
This content is only available to subscribers. Please login or go to www.optimizelegal.com to learn more about this product. -
Re CCRL Petroleum Employees’ Pension Plan, 2019 (Sask. Superintendent) – Plan Freeze & Partial Wind Up Are Not Void Amendments
The Consumers’ Co-operative Refineries Limited Petroleum Employees’ Pension Plan (the Plan) is a non-contributory defined benefit plan, which includes management and unionized employees. The Plan was closed to new management employees in 2007 and to new unionized employees in 2017. Effective December 31, 2019, CCRL amended the plan to: (i) freeze earnings, continuous service and pensionable service of the management members; and (ii) partially wind up the Plan with respect to such members . . .
This content is only available to subscribers. Please login or go to www.optimizelegal.com to learn more about this product. -
New Brunswick Amendments re Shared Risk Plans
Effective January 1, 2018, New Brunswick has amended its Pension Benefits Act and Regulation 2012-75 to make certain changes respecting shared risk plans . . .
This content is only available to subscribers. Please login or go to www.optimizelegal.com to learn more about this product. -
New Brunswick Bill 7 re Shared Risk Plans & Bill 8 re Financial and Consumer Services Tribunal
This content is only available to subscribers. Please login or go to www.optimizelegal.com to learn more about this product.