A recent Ontario Court of Appeal decision raises new cautions—and underscores existing ones—for administrators of registered pension plans with members employed or last employed in Ontario.
Among the numerous changes in Nova Scotia’s new Pension Benefits Act (PBA) and Regulations that took effect on June 1, 2015, is a framework for two new plan designs: jointly sponsored pension plans (JSPPs) and target benefit plans (TBPs), says an Eckler Special Notice.
At long last many of the recommendations of the Joint Expert Panel on Pension Standards (JEPPS) included in its November 2008 final report entitled Getting Our Acts Together will see the light of day in British Columbia.
The Illinois Supreme Court overturned the state's 2013 pension reform law.
Ontario's Bill 56, An Act to require the establishment of the Ontario Retirement Pension Plan (ORPP), received royal assent on Tuesday.
Ontario has passed legislation to create the Ontario Retirement Pension Plan (ORPP).
Nova Scotia has introduced legislation that will allow university pension plans to be transferred to the Nova Scotia Public Service Superannuation Plan (PSPP).
The Ontario government has released a consultation paper on the proposed criteria that the government might use to evaluate whether newly established multi-employer jointly sponsored pension plans (JSPPs) obtain an exemption from solvency funding requirements.
Nova Scotia's updated Pension Benefits Act will come into effect on June 1.
Both labour and businesses say there are flaws with the Ontario Retirement Pension Plan in its current form.