On November 21, 2018, Bill 47—the Making Ontario Open for Business Act, 2018—received royal assent. Bill 47 makes numerous amendments to the Ontario Employment Standards Act, 2000 (ESA), the Labour Relations Act, 1995 (LRA), and the Ontario College of Trades and Apprenticeship Act, 2009. As outlined earlier, Bill 47
Read More →The Supreme Court of Canada recently agreed to hear an appeal of a Quebec case that deals with the obligations and rights of a pension plan administrator when a pensioner goes missing.
The facts are unique. A 77-year-old retired university professor went for a walk one crisp autumn day and never
Read More →If you’re an employer or administrator of an Ontario-registered pension plan, you’ll be interested to know that the Financial Services Commission of Ontario recently published a detailed report on the filings of Statement of Investment Policies and Procedures (SIPPs) in Ontario (the “Report”). The Report which was published at the
Read More →A helpful change to Ontario pension law has come into effect, coincident with the arrival of patio season. It is a refreshing tonic that will help administrators deal with pension plan members who are difficult to locate.
Until now, the obligation to send pension statements to former and retired plan members
Read More →As part of the enhanced governance requirements under British Columbia’s Pension Benefits Standard Act and Alberta’s Employment Pension Plans Act, pension plan administrators in Alberta and British Columbia are required to conduct an assessment their plan every three years. The deadline to complete the first assessment is December 31, 2017.
December
Read More →Yesterday the Ontario Deputy Superintendent of Pensions released a formal statement that included the comment: “these are interesting times in the pension sector.” How true.
Many long-anticipated improvements to Ontario pension legislation, regulation and policies are finally coming into force. The pension regulator will have more specific, helpful powers to target
Read More →Pension plan sponsors and administrators have much to anticipate with the release of the 2017 Ontario Budget: A Stronger, Healthier Ontario (Budget) on April 27, 2017. The Budget provides updates to several pension reform initiatives that many stakeholders have been waiting for, as well as new proposals aimed at benefiting
Read More →Are you an employer who is uncertain about what you should be doing to prepare for the changes to the Canada Pension Plan (CPP)? This guide will help you.
The changes were announced by the federal government a year ago, and formal rules became law at the end of 2016. Unlike
Read More →Any person who is the “spouse” of a member of a registered pension plan in Canada has rights regarding the pension entitlement of his or her partner. That important policy has been entrenched in pension legislation for decades. Exactly who is a “spouse”? The answer to that question has recently
Read More →Trustees and administrators of Ontario registered pension plans: beware of Form 7.
That’s the form that administrators of registered pension plans must complete, and send to their pension fund trustees, that summarizes the estimated employer and employee contributions that will be due to be made to the pension plans in future.
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Canadian National Occupational Classification
Pay Equity Commission
US – Standard Occupational Classification