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- cba.org
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Nov 21, 2019
Bill 38: A poor solution to labour shortages among government employees
Quebec is currently moving forward with a four-page mini-bill entitled An Act amending certain Acts establishing public sector pension plans (Bill 38). Page 4 of the bill is the most interesting, because it allows employees who have retired from the government to return to work for the government and continue to receive their pension, which was not possible before.
- cba.org
- Article
Jun 17, 2019
FSCO gives stakeholders FAQ document on DB funding reform
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.
- cba.org
- Article
May 31, 2019
FSCO issues FAQ document on annuity discharge requirements
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.
- cba.org
- Article
May 31, 2019
Ontario proposes draft variable benefit, annuity purchase regulations
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.
- cba.org
- Article
Apr 26, 2019
Is the prohibition on bargaining pension benefits in labour legislation unconstitutional?
Union of Canadian Correctional Officers UCCA-SACC-CSN v Canada, 2018 QCCS 2539
- cba.org
- Article
Feb 25, 2019
Legal developments – Ontario
Three key pieces of legislation were passed in the past 12 months, each of which made certain amendments to the Ontario Pension Benefits Act
- cba.org
- Article
Feb 4, 2019
Terminating benefits at age 65 is unconstitutional, says rights tribunal
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.
- cba.org
- Article
Jan 7, 2019
CAPSA issues draft revised electronic communications guidelines for pension plans
On November 1, 2018, the Canadian Association of Pension Supervisory Authorities issued for public comment a newly revised draft Guideline No. 2 – Electronic Communications in the Pension Industry.
- cba.org
- Article
Jan 7, 2019
FSCO issues administrative monetary penalties guideline
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.
- cba.org
- Article
Nov 23, 2018
Fall 2018 legal developments - Federal and Eastern Canada
Fall 2018 legal developments
