Overview Celebrate the CPBI FORUM 50th anniversary and hear Canadian and international experts discuss current industry issues, meet colleagues and exchange best practices. Agenda To view this session’s agenda, please click here.
Tag: Pensions
Eight Hicks Morley Lawyers Recognized in Who’s Who Legal: Employment, Labour and Benefits 2019
Hicks Morley is proud to announce that eight of the firm’s lawyers are recognized by the Who’s Who Legal: Labour, Employment & Benefits 2019 annual international compendium of lawyers.
Notice of Intended Decision Considers Whether Vacation Pay Forms Part of Pensionable Earnings
The Ontario Superintendent of Financial Services (Superintendent) issued a Notice of Intended Decision (NOID) in late 2018 that considered whether vacation pay should be factored into a pension plan’s definition of pensionable earnings. The NOID indicates that, in the absence of clear exclusionary language, the Superintendent will interpret the phrase “base pay” to include vacation…
Hicks Morley Recognized as a Leading Firm by The Legal 500 Canada 2019
Hicks Morley has been recognized as a leader in the fields of Labour and Employment and Pensions law by The Legal 500 Canada 2019 guide. Clients describe Hicks Morley as “the most prominent employment boutique in the country.”…
CPBI Ontario Webinar – The DB Pension Renaissance: An Insiders’ View of the Dawn of a New Era
Overview The CAAT Pension Plan has recently introduced Dbplus and OPTrust has launched OPTrust Select. With innovative plan designs, these jointly sponsored pension plans are applying their expertise and efficiencies in administering pension plans to enable more employers and Canadians to have access to defined benefit pensions plans. Furthermore, recent regulatory changes enabling single-employer plans to merge…
Pension Funding Reform Continues: Taking Aim at Target Benefit Multi-Employer Pension Plans
Pension plans that meet the definition of specified Ontario multi-employer pension plans (SOMEPPs) are one step closer to having the option to convert accrued defined benefits (DB) to target benefits (TB) – and one step closer to a permanent exemption from solvency funding. If your organization participates in a SOMEPP, find out what this could mean for your organization in this FTR Now.
Quebec Passes Legislation to Mirror CPP Enhancements and Makes Changes to its Pension Legislation
On February 21, 2018, Bill 149, An Act to enhance the Québec Pension Plan and to amend various retirement-related legislative provisions, was passed by the Quebec legislature. QPP Enhancements As outlined in our previous update, Bill 149 enhances the Quebec Pension Plan (QPP), in a manner similar to the forthcoming enhancements to the Canada Pension…
Hicks Morley Recognized as a Leading Firm by Legal 500 Canada 2018
Hicks Morley has been recognized as a leader in the fields of Labour and Employment and Pensions law by the Legal 500 Canada 2018 guide. Highlighted by clients as “at the top of its field,” Hicks Morley “has the depth and experience to respond quickly with a complete view of the alternatives and risks.”
FTR Now Written by Natasha Monkman, Jordan Fremont, Stephanie Kalinowski and Paul Migicovsky Mentioned in Benefits and Pensions Monitor on the Next Wave of Pension Reform
An FTR Now written by Hicks Morley’s Natasha Monkman, Jordan Fremont, Stephanie Kalinowski and Paul Migicovskywas was mentioned in the November 21, 2017 Benefits and Pensions Monitor Daily News Alert. The alert summarizes the FTR Now titled “Ontario’s Next Wave of Pension Reform”, which discusses the new legislation that will, if passed, change the retirement framework in Ontario – and the rules around pension plan administration, governance and funding.
Ontario Amends PBA and PRPP Regulations; Introduces Legislation Affecting Police Sector Asset Transfers
Annuity Purchases on Wind Up On November 3, 2017, O. Reg. 412/17, amending Regulation 909 (General) made under the Pension Benefits Act (PBA), was filed. As discussed in our FTR Now, Ontario’s Bill 70: The New Face of Pension Regulation Revealed, amendments will be made to the PBA requiring administrators appointed by the Superintendent of…