Information About Pensions & Benefits Law
Recent Posts
Below is a preview of the five most recent posts from the blog Pensions & Benefits Law. To read these posts in their entirely or subscribe to future updates from this blog, please visit their website!
Ontario Releases More Draft Pension Regulations: Disclosure Requirements
May 16th, 2012Late last week, the Ontario government released another round of draft regulations. This time the focus is on disclosure of plan related documents to plan members, former members, retired members, and their spouses, as well as other specified persons. They include amendments with respect to the... Read more »
Does Your 401(k) Plan Have an Investment Policy Statement? That's Great, But Do Your Fiduciaries Follow It?
May 4th, 2012Although investment policy statements are not required by the U.S. Employee Retirement Income Security Act (ERISA), it is highly recommended that every 401(k) plan have one. An investment policy statement (IPS) can protect the plan committee or other fiduciary responsible for investments by setting. Read more »
British Columbia Bill 38 Includes Some Novel Pension Reforms
May 3rd, 2012On April 30, 2012, British Columbia introduced Bill 38, Pension Benefits Standards Act, for first reading. If passed, the current British Columbia Pension Benefits Standards Act (PBSA) would be repealed and replaced in its entirety by Bill 38. Bill 38 marks the first significant amendments to... Read more »
Federal Budget Bill Includes Changes for LTD Plans Sponsored by Federally-Regulated Employers
May 1st, 2012The federal government followed up on its Budget announcement earlier this year by introducing Bill C-38, Jobs, Growth and Long-term Prosperity Act, for first reading. While much discussion of the Budget has focussed on proposed changes to Old Age Security (OAS) and Guaranteed Income Supplement -.. Read more »
Ontario Releases Long-Awaited Draft Pension Regulations
April 30th, 2012Almost two years after passing its initial amendments to the Ontario Pension Benefits Act (the PBA) in Bill 236 and Bill 120, the Ontario government has released the first round of regulations required to implement its pension reform agenda. The regulations, which are in draft form and subject to... Read more »
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