Articles

Ontario's 2016 Budget Bill, an updated definition of "spouse", the final revisions to CAPSA Guideline No. 4 - Pension Plan Governance Guideline, and more...

On Friday, November 25, 2016, the OBA Pension & Benefits Section hosted "Pensions & Benefits Hot Spots - Year End Edition". Find out what you missed!

A proposal for the circumstances in which the Superintendent of Financial Services could appoint or act as a plan administrator; a new Letter of Credit Certificate; proposed amendments to the Canada Pension Plan; and the FST orders costs against a former plan member. Catch up on what you've missed in October!

New draft regulations on Pension Advisory Committees; new FSCO FAQs on the interest rates and mortality tables to be used in Family Law Value calculations, SIPPs, and the annual/biennial statements for members, former members and retired members; proposed amendments to the Employment Standards Act; and new case law regarding access to pension plan financial records.

A solvency funding framework proposal, more temporary funding relief for public sector plans, updated guidance on determining the solvency liability adjustment, and more.

The Expert Advisory Panel's Final Report on the mandates of FSCO, the FST, and DICO, the establishment of the Investment Management Corporation of Ontario (IMCO), draft PRPP regulations and more.

On April 29, 2016, the OBA made submissions to the Ontario Ministry of Finance on the Government's proposal to eliminate the "30% Rule".

Bill 186, a new agreement respecting multijurisdictional pension plans, final amendments to regulations regarding solvency funding relief for private pension plans, and improvements to FSCO's Pension Services Portal regarding AIS filing.

On May 31, 2016, Ian McSweeney (formerly of Osler, Hoskin & Harcourt LLP) was awarded the OBA Award of Excellence in Pension & Benefits Law at a cocktail and dinner reception at Biagio Italian Ristorante. Here's a recap of what you missed.