News & Events
Ontario Announces New Funding Framework for Defined Benefit Pension Plans
May 19, 2017
On May 19, 2017, the Ontario government announced that it intends to implement new funding rules for defined benefit pension plans and make certain other changes to the legislation governing pensions. This announcement follows up on the Solvency Consultation process that we previously reported on. The new funding framework described in the May 19th announcement includes:
Practice Area
Pension and Benefits
Two Approaches to Solvency Funding Reform: A summary of Ontario’s Consultation Paper
September 19, 2016
Ontario is currently in the process of reviewing solvency funding rules for single employer defined benefit (“DB”) pension plans under the Pension Benefits Act. On July 26, 2016, the Ministry of Finance released a “Review of Ontario’s Solvency Funding Framework for Defined Benefit Pension Plans” Consultation Paper soliciting feedback on a number of potential reforms
Practice Area
Pension and Benefits
