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CBA Members

For Your
Benefit

CBA Pensions and Benefits Law Section

CBA Pensions and Benefits Law Section articles are published under the banner For Your Benefit. Members interested in posting articles are encouraged to send them to the Section at: Pensions@cba.org

Today
Today

FSCO gives stakeholders FAQ document on DB funding reform

  • June 17, 2019
  • David Gruber and Andrew Zur

On March 8, 2019, the Financial Services Commission of Ontario released a Frequently Asked Question document summarizing key points on the new funding rules for single employer defined benefit pension plans registered in Ontario, which came into effect on May 1, 2018.

Pension and Benefits Law

FSCO issues FAQ document on annuity discharge requirements

  • May 31, 2019
  • David Gruber and Andrew Zur

On March 8, 2019, the Financial Services Commission of Ontario released a Frequently Asked Question document summarizing key points on the new discharge for the purchase of a pension for a former or retired defined benefit pension plan member where certain conditions under the Ontario Pension Benefits Act and Regulation 193/18 have been met.

Pension and Benefits Law

Ontario proposes draft variable benefit, annuity purchase regulations

  • May 31, 2019
  • Tracy Solhi and Andrew Zur

On April 11, 2019, the Ontario Ministry of Finance posted two proposed regulations affecting pension plans. One draft regulation sets out rules for the payment of variable benefits to Ontario retired members from the defined contribution provision of a pension plan.

Pension and Benefits Law

Legal developments – Ontario

  • February 25, 2019
  • Tom Stevenson and Christophe Cinqmars Viau

Three key pieces of legislation were passed in the past 12 months, each of which made certain amendments to the Ontario Pension Benefits Act

Pension and Benefits Law

Terminating benefits at age 65 is unconstitutional, says rights tribunal

  • February 04, 2019
  • Terra Klinck and Nicolas Guadagnolo

A 2018 interim decision of the Human Rights Tribunal of Ontario in Talos v Grand Erie District School Board saw the tribunal refuse to enforce the exception in the Human Rights Code that permits employers to terminate benefit coverage for active employees at age 65 on the basis that the provision offended the equality guarantee under the Charter.

Pension and Benefits Law

FSCO issues administrative monetary penalties guideline

  • January 07, 2019
  • Tracy Solhi and Andrew Zur

On November 13, 2018, the Financial Services Commission of Ontario issued a guideline that summarizes legislative provisions respecting administrative monetary penalties under the Pension Benefits Act and outlines the process that is to be followed for the imposition of AMPs. It also outlines how a person subject to a proposed AMP may dispute it, and how AMPs are to be paid.

Pension and Benefits Law

National pharmacare discussion paper released

  • November 23, 2018
  • Andrew Zur

On June 20, 2018, the Advisory Council on the Implementation of National Pharmacare released a discussion paper on options for a national pharmacare model.

Pension and Benefits Law