Human Resources Legislative Update

CPP Post-Retirement Benefit Elections Established

Human Resources Legislative Update

CPP Post-Retirement Benefit Elections Established

Date: December 22, 2011

The federal government filed a regulatory amendment to the Canada Pension Plan Regulations which prescribes the manner of employee elections (or revocations) regarding the new Post-Retirement Benefit (“PRB”), which will be available under the Canada Pension Plan (“CPP”), effective January 1, 2012.

The amendment was first proposed in October of 2011, as previously reported.