Tracking the funded status of pension plans as at March 31, 2019
Apr 24, 2019The evolution of the financial situation of pension plans since December 31, 2018
Update: Ontario amends OHIP+ drug program for children and youth
Apr 24, 2019Effective April 1, 2019, Ontario has made benefit coverage changes to the Ontario Drug Benefit (ODB) program for children and youth aged 24 years and under.
Impact on pension expense under international accounting as at March 31, 2019
Apr 24, 2019Every year, companies must establish an expense for their defined benefit pension plans.
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...
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.