Human Resources Legislative Update

Ontario Files New JSPP and Phase II Funding Pension Regulations, BPS Solvency Funding Relief Regulations

Human Resources Legislative Update

Ontario Files New JSPP and Phase II Funding Pension Regulations, BPS Solvency Funding Relief Regulations

Date: May 26, 2011

On May 20, 2011, the Ontario government filed two new regulations under the Pension Benefits Act.

O. Reg. 177/11 contains several amendments to the Pension Benefits Act General Regulation 909 (“Regulations”) relating to measures first introduced by the government when it tabled Bill 120, Securing Pension Benefits Now and for the Future Act, 2010, which was previously reported here.