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E.g., Jul 8, 2020
E.g., Jul 8, 2020

Tracking the funded status of pension plans as at May 31, 2020

Jun 22, 2020

The evolution of the financial situation of pension plans since December 31, 2019

Impact on pension expense under international accounting as at May 31, 2020

Jun 22, 2020

Every year, companies must establish an expense for their defined benefit pension plans.

CAPSA releases revised multi-jurisdictional pension plan agreement

Jun 22, 2020

On June 2, 2020, CAPSA announced that representatives of the governments of Alberta, British Columbia, New Brunswick, Nova Scotia, Ontario, Quebec and Saskatchewan and the federal government have signed a new interim Agreement Respecting...

FSRA sets out rules and procedures for approval of commuted value transfers

Jun 22, 2020

Effective May 22, 2020, the FSRA issued Approach No. PE0202APP (the Approach), which provides new guidance on commuted value transfers and annuity purchases for Ontario-registered defined benefit pension plans.

Federal government implements moratorium on solvency special payments

Jun 22, 2020

The federal government has adopted a regulation to provide temporary, short-term solvency funding relief for federally regulated defined benefit pension plans.

OSFI provides automatic consent for portability transfers for retirement eligible members

Jun 22, 2020

On May 7, 2020, the OSFI announced that it has revised its Directives of the Superintendent pursuant to the Pension Benefits Standards Act, 1985 (the Directives) to ease the restrictions on portability transfers for members who are retirement...

Tracking the funded status of pension plans as at April 30, 2020

May 26, 2020

The evolution of the financial situation of pension plans since December 31, 2019

COVID-19 pandemic brings unpaid leaves into focus

May 26, 2020

A number of Canadian jurisdictions have introduced new unpaid job-protected statutory leaves for employees who are required to take time off work due to quarantine, care for family members, personal illness, or orders relating to public health.

Impact on pension expense under international accounting as at April 30, 2020

May 26, 2020

Every year, companies must establish an expense for their defined benefit pension plans.

Canada Revenue Agency suspends minimum contribution rule for DC pension plans

May 26, 2020

The Canada Revenue Agency has announced that it has suspended the minimum contribution rule for defined contribution (DC) pension plans in 2020.