Tag: Act s. 80.4
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Ontario FSRA Announces Changes to SEPP to JSPP Asset Transfers
The Financial Services Regulatory Authority announced that it will be changing its process for consenting to asset transfers under s. 80.4 of the PBA (i.e., a single employer pension plan is converted and transferred into a jointly sponsored pension plan . . .
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Ontario Bill 213 Includes PBA Amendments
Ontario introduced Bill 213, Better for People, Smarter for Business Act, 2020, for first reading on October 6, 2020. Bill 213 includes amendments to the Pension Benefits Act (PBA) expanding the Financial Services Regulatory Authority's (FSRA) powers to waive PBA notice requirements and make its own rules regarding notice requirements . . .
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Ontario FSRA Consultation re Pension Asset Transfers
The Financial Services Regulatory Authority published its new Supervisory Approach to Asset Transfers under the Pension Benefits Act for consultation . . .
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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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Ontario Bill 138 Includes PBA Amendments
Ontario introduced Bill 138, Plan to Build Ontario Together Act, 2019, for first reading on November 6, 2019. Bill 138 includes certain housekeeping amendments to the Ontario 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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Ontario Passes Bill 66 re JSPP Conversions
Ontario passed Bill 66, Restoring Ontario’s Competitiveness Act, 2018, on April 2, 2019. Bill 66 includes amendments to the Pension Benefits Act (PBA), expanding the plans which may potentially convert to jointly sponsored pension plans (JSPPs . . .
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Ontario Bill 66 re JSPP Conversions
Ontario introduced Bill 66, Restoring Ontario’s Competitiveness Act, 2018, for first reading on December 6, 2018. Bill 66 includes amendments to the Pension Benefits Act (PBA), expanding the plans which may potentially convert to jointly sponsored pension plans . . .
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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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