Human Resources Legislative Update

2012 Basic Rate Set By Superintendent of Financial Institutions

Human Resources Legislative Update

2012 Basic Rate Set By Superintendent of Financial Institutions

Date: September 29, 2011

On September 7, 2011, the Office of the Superintendent of Financial Institutions set the basic rate for the Office year beginning on April 1, 2012 at $18.00, pursuant to section 25 of the Pension Benefits Standards Regulations, 1985. This rate applies to the fees paid by federally regulated pension plans with a year-end between October 1, 2011, and September 30, 2012.