Human Resources Legislative Update
New Alberta Employment Pension Plans Act Regulation
Date: July 28, 2014
On July 22, 2014 the Alberta government enacted a supporting regulation to that province’s Employment Pension Plans Act (the “Act”), legislation enacted in December 2012 following recommendations from the Joint Expert Panel on Pension Standards. The Act and the new Employment Pension Plans Regulation will come into force on September 1, 2014.
A government summary highlighting features of the new Regulation is available here, and further background information on the Act is available here.
We are in the process of reviewing the Regulation, and a more detailed discussion will be available on our website.