Tag: Act s. 27
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Ontario Passes Bill 132 & 138 re PBA Amendments
Ontario Bill 132, Better for People, Smarter for Business Act, 2019 and Bill 138, Plan to Build Ontario Together Act, 2019, received Royal Assent on December 10, 2019 . . .
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Manitoba Introduced Bill 8 re Pension Benefits Act
Manitoba introduced Bill 8, The Pension Benefits Amendment Act, for first reading on November 27, 2019. Bill 8 includes amendments to the Manitoba Pension Benefits Act . . .
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Ontario Bill 132 Includes PBA Amendments
Ontario introduced Bill 132, Better for People, Smarter for Business Act, 2019, for first reading on October 28, 2019. Bill 132 includes amendments to the Ontario Pension Benefits Act . . .
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FSCO Notice re Missing Former & Retired Members
FSCO published a list of pension plans for which it has waived the requirement (per Policy A300-901) to provide biennial information statements to former and retired members, as the plans do not have these persons' contact information . . .
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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 FAQs re Biennial Statements for Former & Retired Members
FSCO updated its frequently asked questions regarding biennial statements for former and retired members to address the following:
- missing former and retired members; and
- whether biennial statements must be provided to non-Ontario members of Ontario registered plans and to Ontario members of non-Ontario registered plans.
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Ontario Bill 177 re Budget Receives Royal Assent
Today, Ontario passed Bill 177, Stronger, Fairer Ontario Act (Budget Measures), 2017. The Bill includes amendments to the Pension Benefits Act (Schedule 33) and the Financial Services Regulatory Authority of Ontario Act, 2016 (Schedule 16). It also enacts a new Financial Services Tribunal Act, 2017 (Schedule 17).
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Ontario Bill 177 Budget Bill Includes Pension Amendments
Ontario introduced Bill 177, Stronger, Fairer Ontario Act (Budget Measures), 2017, for first reading on November 14, 2017. The Bill includes amendments to the Pension Benefits Act (Schedule 33) and the Financial Services Regulatory Authority of Ontario Act, 2016 (Schedule 16). It also enacts a new Financial Services Tribunal Act, 2017 (Schedule 17).
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FSCO Policies re Missing Plan Members
FSCO has published two policies related to missing plan members: (i) A300-900: Searching for Plan Beneficiaries; and (ii) A300-901: Waiver of Biennial Statements for Missing Former and Retired Members.
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FSCO FAQs re Annual & Biennial Statements
FSCO has updated its FAQs regarding annual statements for members and biennial statements for former and retired members.
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