Manitoba offers moratorium on special payments
Jan 25, 2021On December 17, 2020, the province of Manitoba introduced a moratorium on special payments for defined benefit pension plans through 2021.
Quebec modifies funding rules for multi-jurisdictional defined benefit pension plans
Jan 25, 2021Effective December 31, 2020, the Regulation Respecting the Funding of Multi-jurisdictional Defined Benefit Pension Plans (the Regulation) was amended.
Tracking the funded status of pension plans as at December 31, 2020
Jan 25, 2021The evolution of the financial situation of pension plans since December 31, 2019
Impact on pension expense under international accounting as at December 31, 2020
Jan 25, 2021Every year, companies must establish an expense for their defined benefit pension plans.
Ontario permits exemptions for asset transfer rules and individual pension plans
Jan 25, 2021Ontario Bill 213, which received royal assent on December 8, 2020, permits the FSRA of Ontario to provide for exceptions to rules pertaining to asset transfers and conversions of single employer pension plans into jointly sponsored plans.
Alberta permits electronic beneficiary designations for pension and retirement plans
Jan 25, 2021On December 9, 2020, Alberta amended the Wills and Succession Act to permit beneficiaries to be designated electronically.
Morneau Shepell Pension Indices December 31, 2020
Jan 6, 2021The Morneau Shepell Pension Indices, released monthly, condense the journey that pension plans have experienced over the last year into a few key statistics.
Federal government consulting on solvency funding relief and other measures
Dec 14, 2020On November 6, 2020, the federal Department of Finance released a consultation paper on solvency funding relief options for 2021 and a number of other proposed measures that would affect federally regulated pension plans.
Court clarifies valuation of federal pensions for marital breakdowns in Ontario
Dec 14, 2020In a recent case, the Ontario Court of Appeal provided guidance on how federally regulated pensions are to be valued in marital breakdown settlements in Ontario. Van Delst v. Hronowsky1 (Hronowsky) discusses the interpretation of the term “normal...