Developments affecting federally regulated pension plans
Jan 20, 2020The Office of the Superintendent of Financial Institutions (OSFI) has released issue 22 of its InfoPensions newsletter, which includes a number of announcements that affect federally-registered pension plans.
Update: Proposed changes to employee stock option tax rules delayed
Jan 20, 2020On December 19, 2019, the federal government announced that the proposed changes to the tax treatment of employee stock options would not come into force on the previously proposed date of January 1, 2020.
New and extended employment leave provisions in Saskatchewan
Jan 20, 2020Saskatchewan has adopted a number of new and extended employment leave provisions that will affect pension and benefit plan sponsors.
Tracking the funded status of pension plans as at December 31, 2019
Jan 20, 2020The evolution of the financial situation of pension plans since December 31, 2018
British Columbia adopts DB funding reform and introduces single employer target benefit plans
Jan 20, 2020On December 12, 2019, British Columbia amended its Pension Benefits Standards Regulation to increase going concern funding requirements and reduce solvency funding requirements for provinciallyregulated defined benefit (DB) pension plans.
Impact on pension expense under international accounting as at December 31, 2019
Jan 20, 2020Every year, companies must establish an expense for their defined benefit pension plans.
Ontario permits variable benefits in DC pension plans
Jan 20, 2020Following the publication of Regulations 368/19 and 369/19 under the Ontario Pension Benefits Act (PBA), Ontario’s rules permitting DC pension plans to offer variable benefits to their former members came into force on January 1, 2020.
Tracking the funded status of pension plans as at November 30, 2019
Dec 23, 2019The evolution of the financial situation of pension plans since December 31, 2018
Impact on pension expense under international accounting as at November 30, 2019
Dec 23, 2019Every year, companies must establish an expense for their defined benefit pension plans.