Effective July 1, 2016, amendments to Regulation 909 first proposed on…
Practice Area: Pensions, Benefits & Compensation
ORPP Act Passes Third Reading as Amended by Committee
On June 2, 2016, Bill 186, the Ontario Retirement Pension Plan Act (Strengthening Retirement Security for Ontarians), 2016 (ORPP Act, 2016) passed…
FTR Quarterly – 2016, Issue 1
In this issue: “Conducting a Benefits Plan Governance Health Check” and “Preparing for the ORPP”
Conducting a Benefits Plan Governance Health Check
Pension plan governance has long had headline-grabbing status – and most plan sponsors regularly review their governance framework to identify and address any governance gaps. At the same time, employers who sponsor group benefits plans too rarely build regular reviews of their benefits plans into their larger governance responsibilities. They should – because the stakes…
Preparing for the ORPP
Editor’s Note: Bill 186 passed Third Reading on June 2, 2016, as amended by the Standing Committee on Social Policy. Please read about the amendments in our blog post, ORPP Act Passes Third Reading as Amended by Committee. The Ontario Retirement Pension Plan (ORPP) was first announced in the 2014 Ontario Budget as a major…
Ontario Pension Solvency Funding Framework Under Review
Ontario registered defined benefit (DB) pension plans must be funded on the greater of a going concern or solvency basis…
Court Rules that Education Act Authorizes Payment of Post-Retirement Benefits to Retirees Over Age 65
The Divisional Court has ruled that two school boards have authority under the Education Act (Act) to…
Federal Post – Third Edition
Along with the arrival of spring, we are pleased to bring you the first Federal Post edition of 2016, our newsletter designed exclusively for federally regulated employers…
2016 ACPM National Conference
There have been few times when the economic outlook and retirement scenarios for Canadians have been so uncertain. Despite these challenges, the commitment to bridge retirement promises to reality has never been greater. The 2016 ACPM National Conference will identify these challenges and provide solutions during one of the most turbulent times in recent Canadian…
Countdown to ORPP: Ontario Tables New Implementation Legislation
Long-awaited Ontario Retirement Pension Plan (ORPP) legislation was introduced on Thursday, April 14, 2016, which, if passed in its present form, will provide the statutory framework and timeline for full ORPP implementation by January 1, 2020…