Pension Legislative Update—Ontario
Bills
Restoring Trust, Transparency and Accountability Act, 2018 (Fedeli)
Received Royal Assent December 6, 2018
Government Resources
- A Permanent Framework for Target Benefits, Ontario's Regulatory Registry, September 1, 2023
- Consultation on proposed Guidance for Pension plan administrator roles and responsibilities, Financial Services Regulatory Authority of Ontario, August 15, 2023
- Proposed Amendment to Ontario Regulation 909 under the Pension Benefits Act - Extend for One Year the Temporary Exemption from the Solvency Concerns Test for Certain Jointly Sponsored Pension Plans for Filing Annual Valuation Reports, Ontario's Regulatory Registry, July 21, 2023
- A Permanent Framework for Target Benefits, Ontario Ministry of Finance of Finance, 2023
- Actions to avoid deregistration of a pension plan under the Federal Income Tax Act, Financial Services Regulatory Authority of Ontario, November 16, 2022
- Defined Benefit Multi-Employer Pension Plans - Leading Practices, Financial Services Regulatory Authority of Ontario, March 16, 2021
- FSRA Changing its Process for Providing Regulatory Consent to Asset Transfers, Financial Services Regulatory Authority of Ontario, October 22, 2020
- Limitations on Commuted Value Transfers and Annuity Purchases (DB Pension Plans), Financial Services Regulatory Authority of Ontario, May 22, 2020
News
- Ontario continues work on infrastructure bank, target-benefit pension plan framework, Benefits Canada, March 27, 2024
- FSRA releases final pension deregistration guidance, Benefits Canada, November 21, 2022
- Ontario seeking feedback on framework for target-benefit pension plans, Benefits Canada, November 17, 2022
- FSRA seeking comment on draft pension registration guidelines, Benefits Canada, August 16, 2022
- Ontario’s budget proposing framework for target-benefit pension plans, Benefits Canada, April 29, 2022
- Public Sector Accounting Board proposing new standards for DB pensions, Benefits Canada, December 3, 2021
- FSRA speeding up consent process for DB pension asset transfers, Benefits Canada, October 27, 2020
- FSRA issues new guidance for pension plans transferring commuted values, purchasing annuities, Benefits Canada, May 25, 2020
- FSRA responds to questions on filing deadlines, pension transactions, Benefits Canada, March 23, 2020
- Ontario raises threshold for pension plans requiring audited financial statements, Benefits Canada, January 22, 2020
Analysis
- Ontario Pension Plan Update: Ongoing Consultations of Interest, Hicks Morley, September 15, 2023
- 2nd Ontario Consultation on a Permanent Framework for MEPPs, Segal, September 13, 2023
- New Ontario target benefit funding framework a welcomed principles-based approach, Eckler, September 7, 2023
- Target Benefit MEPPs – Ontario’s Proposed Framework, Actuarial Solutions, June 26, 2023
- Ontario’s Consultation on a New Funding Regime for MEPPs, Segal Canada, March 20, 2023
- Governance and Funding Policies Reintroduced for Ontario Pension Plans, Bennett Jones, November 28, 2022
- Proposed New PBGF Disclosure Requirements, Hicks Morley, April 19, 2021
- New Pension Holiday-Makers May Suffer Hangover, McCarthy Tetrault, October 16, 2020
- Variable Benefits in Ontario and Update on FSRA's Activities, Normandin Beaudry, February 2020
- Pension Law 2020: A Clear Look at the Latest Pension Law Reforms, Hicks Morley, January 21, 2020