Human Resources Legislative Update
New General Pension Regulation Amendments Filed
Date: September 20, 2010
On September 17, 2010, the Ontario government filed O. Reg. 367/10 under the Pension Benefits Act, amending Reg. 909 of R.R.O. 1990 (General).
The amendments extend certain filing deadlines and funding schedules under the temporary solvency funding relief regulations for two university-sponsored pension plans.
By way of background, Ontario’s temporary solvency funding relief regulations were enacted in June 2009. For more information, please see Hicks Morley’s FTR Now, Solvency Funding Relief is Here.
The amendments are now in force.