Pension coverage findings from the Quebec Survey of Total Compensation
Apr 24, 2019On February 7, 2019, the Institut de la statistique du Québec released an analysis of the findings of the Quebec 2017 Survey on Total Compensation with respect to the pension and savings plans offered to employees.
Nova Scotia Bill 109 introduces DB funding reforms and discharge for buy-out annuities
Apr 24, 2019On March 12, 2019, Nova Scotia government introduced Bill 109, which includes several measures to help reduce defined benefit (DB) pension plan funding volatility and permits buy-out annuities.
FSCO gives stakeholders FAQ document on DB funding reform
Apr 24, 2019On March 8, 2019, the FSCO released a FAQ document summarizing key points on the new funding rules for single employer DB pension plans registered in Ontario, which came into effect on May 1, 2018.
FSCO issues FAQ document on annuity discharge requirements
Apr 24, 2019On March 8, 2019, the Financial Services Commission of Ontario (FSCO) released a Frequently Asked Question (FAQ) document summarizing key points on the new discharge for the purchase of a pension for a former or retired defined benefit...
Advisory Council releases interim report on national pharmacare
Apr 24, 2019The Advisory Council on the Implementation of National Pharmacare (the Advisory Council) released an interim report (the Interim Report) on March 6, 2019, which was reflected in the 2019 federal budget.
FSCO restricts use of excess contributions
Mar 26, 2019On February 4, 2019, the Financial Services Commission of Ontario (FSCO) published three guidelines to assist in interpreting the new defined benefit (DB) funding rules that came into force on May 1, 2018.
Proposed amendment to the Quebec Pay Equity Act introduced in February 2019
Mar 26, 2019Bill 10, An Act to amend the Pay Equity Act mainly to improve the pay equity audit process, was introduced in the Quebec National Assembly on February 12, 2019 (the Bill).
2019 Federal Budget
Mar 26, 2019The federal Budget of March 19, 2019, included a number of measures that will affect pension and benefits plans, as well as executive compensation and healthcare related measures.
Tracking the funded status of pension plans as at February 28, 2019
Mar 26, 2019The evolution of the financial situation of pension plans since December 31, 2018
CAPSA publishes final version of DC pension plans guideline
Mar 26, 2019On February 7, 2019, the Canadian Association of Pension Supervisory Authorities (CAPSA) published the final version of Guideline No. 8 – Defined Contribution Pension Plans Guideline (the DC Guideline).