Tag: Act s. 43.1
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Ontario Proclaims Annuity Discharge Amendments in Force
Ontario has proclaimed in force amendments to the annuity discharge provisions in the Pension Benefits Act (PBA), which were included in Bill 57, Restoring Trust, Transparency and Accountability Act, 2018. In addition, related amendments to Regulation 193/18 will come into force . . .
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Trustees of the IWA v. Wade, 2019 BCSC 1085 – Director/Officer Personally Liable for Outstanding Plan Contributions
The IWA – Forestry Industry Pension Plan (the Pension Plan) and the IWA – Forestry Industry LTD Plan (the LTD Plan) are multi-employer, trusteed plans. Wade, the sole director, officer and shareholder of R W Log Transport (Log Transport), signed participation agreements on behalf of Log Transport, agreeing to contribute to the Pension Plan and the LTD Plan . . .
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Ontario Draft Regulation re Annuity Discharge
Ontario has published the following draft regulation under the Pension Benefits Act (PBA): Proposed Amendments to Ontario Regulation 193/18 Concerning the Purchase of Pension Benefits from an Insurance Company . . .
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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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Ontario Passes Bill 57 re PBA Amendments
Ontario passed Bill 57, Restoring Trust, Transparency and Accountability Act, 2018, on December 6, 2018. The Bill includes several amendments to the Pension Benefits Act (PBA) (Schedule 33 . . .
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Ontario Bill 57 re PBA Amendments Including Annuity Discharge Changes
Ontario introduced Bill 57, Restoring Trust, Transparency and Accountability Act, 2018, for first reading on November 15, 2018. The Bill includes several amendments to the Pension Benefits Act (PBA) (Schedule 33 . . .
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Ontario Final Regulation re Discharge for Annuity Purchases
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Ontario Draft Regulations re Discharge for Annuity Purchases
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Ontario Bill 177 re Budget Receives Royal Assent
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Ontario Bill 177 Budget Bill Includes Pension Amendments
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