Morneau Shepell publishes original content that provides insights for pension plan sponsors and pension plan administrators on the topic of pension risk.
Results of the Universe Performance survey for Q4 2019
On 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.
Every year, companies must establish an expense for their defined benefit pension plans.
Following 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.
The 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.
On 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.
Saskatchewan has adopted a number of new and extended employment leave provisions that will affect pension and benefit plan sponsors.
The evolution of the financial situation of pension plans since December 31, 2018
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