Human Resources Legislative Update
Ontario Proposes Pension Regulations
Date: October 3, 2014
On October 3, 2014, the Ontario government published proposed amendments (“Proposed Amendments”) to Regulation 909 of the Pension Benefits Act (“PBA”) that incorporate stakeholder feedback received in response to proposed amendments first published on April 25, 2014, as previously discussed.
The government is inviting comments from stakeholders on the following new Proposed Amendments:
- Statements for Former and Retired Members; and
- Disclosure of Environmental, Social and Governance Factors in Statements of Investment Policies and Procedures.
Comments on the Proposed Amendments are due on October 24, 2014.
We are in the process of reviewing the Proposed Amendments, and an FTR Now will be available on our website.