On February 15, 2012, the Commission on the Reform of Ontario’s Public Services (the “Commission”) released its long-awaited, 543-page report (the “Report”, commonly referred to as the “Drummond Report”) which identifies sweeping reform measures aimed at increasing efficiencies within the broader public service (“BPS”). In our companion FTR Now, Drummond Commission Reports on Elementary and…
Tag: Broader Public Sector
BPS Solvency Funding Relief Regulation Amended
On February 17, 2012, the Ontario government filed an amendment to O. Reg. 178/11 (Solvency Funding Relief For Certain Public Sector Pension Plans) under the Pension Benefits Act. O. Reg. 12/12 prescribes those plans that have successfully applied for and, are receiving, solvency funding relief under O. Reg. 178/11. The Regulation is now in force….
Second Window for Broader Public Sector Solvency Funding Relief Announced
On November 2, 2011, the Ontario government announced the second window of eligibility for broader public sector (“BPS”) solvency funding relief. As previously discussed in our FTR Now of February 11, 2011, “Solvency Funding Relief Details for Broader Public Sector Released by Ontario Government”, BPS solvency funding relief provides BPS pension plans two stages of…
Broader Public Sector Perquisites Directive Issued by the Ontario Government
Management Board of Cabinet has issued the Broader Public Sector Perquisites Directive (the Directive), dated August 2, 2011, which will apply to any person in a designated broader public sector (BPS) organization, including appointees, board members, elected officials (e.g. school trustees) and employees. The Directive has been issued under the provisions of the Broader Public…
“Publicly Funded Organization” Exclusions Designated Under BPS Act
On June 7, 2011, the Ontario government filed a regulation under the Broader Public Sector Accountability Act, 2010, expressly designating (1) district social services administration boards established under the District Social Services Administration Boards Act, and (2) “First Nations” as defined in the Indian Act as excluded “Publicly Funded Organizations” for the purposes of the…
BPS Accountability “Perquisites” Provisions To Come Into Force
August 2, 2011 has been named as the date sections 11.1 and 11.2 of the Broader Public Sector Accountability Act, 2010 will come into force. These amendments are contained in Schedule 4 of the Better Tomorrow for Ontario Act (Budget Measures), 2011. Section 11.1 pertains to the issuance of perquisite directives by the Management Board…
Perquisites Directive Issued by Ontario Government Now in Effect
INTRODUCTION Management Board of Cabinet (“MBC”) has issued a “Perquisites Directive” effective June 1, 2011 (“OPS Directive”) establishing rules regarding the provision of perquisites and an accountability framework for decision-makers. The OPS Directive will apply to certain public service employees and appointees of, for example, all ministries of the Ontario Government. It will not apply…
Ontario Files New JSPP and Phase II Funding Pension Regulations, BPS Solvency Funding Relief Regulations
On May 20, 2011, the Ontario government filed two new regulations under the Pension Benefits Act. O. Reg. 177/11 contains several amendments to the Pension Benefits Act General Regulation 909 (“Regulations”) relating to measures first introduced by the government when it tabled Bill 120, Securing Pension Benefits Now and for the Future Act, 2010, which…
Ontario Budget 2011 – Highlights for Employers
INTRODUCTION On March 29, 2011, the Honourable Dwight Duncan, Ontario’s Minister of Finance, tabled the government’s 2011 Budget, “Turning the Corner to a Better Tomorrow”, before the Legislature and simultaneously introduced omnibus legislation amending a variety of statutes to implement some of these initiatives through Bill 173, the Better Tomorrow for Ontario Act (Budget Measures),…
Solvency Funding Relief Proposal for Public Sector and BPS Pension Plans Released
On February 10, 2011, the Ontario government released its proposed details regarding solvency funding relief for the public sector and broader public sector (“BPS”). The government first announced that it would consider providing solvency funding relief for university pension plans on August 5, 2010 (which was consistent with the 2010 Budget announcement that solvency funding…