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Keyword: funding framework

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26825513

The Ontario government’s new funding framework for target-benefit plans that will provide more flexibility for plan administrators and boards, says Domenic Barbiero, principal at Eckler Ltd. The proposed framework requires trustees to establish a number of policies, including funding, benefits, communications and overall governance. “This proposal is the second iteration of a proposal from the […]

  • By: Sadie Janes
  • September 18, 2023 September 18, 2023
  • 09:00

The Association of Canadian Pension Management is urging the Ontario government to ensure its proposed rules for multi-employer target-benefit pension plans don’t undermine existing incentives that enable employers to create and maintain workplace pension plans. In an open letter, the ACPM said it believes the provision for adverse deviation will overly restrict the ability of MEPP trustees to manage […]

  • By: Staff
  • June 29, 2023 June 29, 2023
  • 09:00
8399526-123rf

While the Pension Investment Association of Canada is generally supportive of British Columbia’s proposed solvency funding framework, when it comes to requirements around funding the provision for adverse deviations, the organization is suggesting B.C. takes a page from Ontario and Quebec. With many governments across Canada looking to make defined benefit plans more sustainable, the […]

  • By: Staff
  • September 20, 2019 January 6, 2021
  • 09:19