September 19, 2013 by Mary Picard in English, Ontario, Pensions and Benefits
  • Comments Off on Fight over reduction of GM retiree benefits not over

Fight over reduction of GM retiree benefits not over

General Motors of Canada suffered a blow this summer when an Ontario court held that GM was not entitled to […]

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February 01, 2013 by Mary Picard in English, Ontario, Pensions and Benefits
  • Comments Off on Obligations to Pensioners in an Insolvency: Supreme Court Clarifies the Law

Obligations to Pensioners in an Insolvency: Supreme Court Clarifies the Law

The Supreme Court of Canada overturned the Ontario Court of Appeal today in what is one of the most highly-anticipated […]

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August 03, 2012 by Mary Picard in English, Ontario, Pensions and Benefits
  • Comments Off on Division of Pensions on Marriage Breakdown: New Rules

Division of Pensions on Marriage Breakdown: New Rules

Significant changes came into effect on January 1, 2012, regarding the treatment of pension benefits of Ontario members who go […]

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July 11, 2012 by Mary Picard in English, Ontario, Pensions and Benefits
  • Comments Off on Extension of Grow-in Benefits – The Rules have Changed

Extension of Grow-in Benefits – The Rules have Changed

Plan sponsors with certain types of defined benefit pension (DB) plans must familiarize themselves with the new grow-in rules which […]

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July 09, 2012 by Mary Picard in English, Ontario, Pensions and Benefits
  • Comments Off on Cashing-out of Small Pension Benefits: The Rules have Changed

Cashing-out of Small Pension Benefits: The Rules have Changed

The rules for cashing-out or “unlocking” small pension benefit amounts have been overhauled. Effective July 1, 2012, it will be a […]

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July 04, 2012 by Mary Picard in English, Ontario, Pensions and Benefits
  • Comments Off on Immediate vesting and locking-in

Immediate vesting and locking-in

Ontario pension rules prior to July 1st, 2012 allowed employers to require Ontario members of pension plans to wait two […]

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April 25, 2012 by Mary Picard in English, Ontario, Pensions and Benefits
  • Comments Off on Severance packages for employees in defined benefit pension plans are about to get a lot more expensive

Severance packages for employees in defined benefit pension plans are about to get a lot more expensive

Effective July 1, 2012 , the Ontario Pension Benefits Act will require employers to pay higher pension benefits to many […]

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