Pension reform timeline: Quebec

Mar. 17, 2011
Quebec Government tables 2011 Quebec Budget and announces proposal to implement voluntary retirement savings plans (VRSPs). Further details respecting VRSPs are set out in document entitled A Stronger Retirement Income System.

Nov. 30, 2011
Quebec government directs the Régie des rentes du Quebec to establish an independent expert committee to study DB plans challenges and propose amendments to the Supplemental Pension Plans Act to improve the viability of such plans.

Jessica Bullock is in the pension and employee benefits group with Blake, Cassels & Graydon LLP.