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Slaw: PRPPs vs. VRSPs

On March 21, 2012, Quebec became the first province to set up a detailed framework of provincial rules that will apply for PRPPs. Continue reading Slaw: PRPPs vs. VRSPs

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Applying pension lessons learned from paper mill closures

On May 17, 2012, the Province of Nova Scotia adopted Bill 86, the NewPage Port Hawkesbury Pension Plans Act in response to a request by members of Local 972 of the Communications, Energy, and...

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Slaw: Update to Pooled Registered Pension Plan Bill

On June 29, 2012, legislation for Pooled Registered Pension Plans (PRPPs) has been given Royal Assent. Continue reading Slaw: Update to Pooled Registered Pension Plan Bill

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The prodigal pension plan member

It’s one of those pension administration nightmares – someone of pensionable age shows up at your door claiming he was an employee 20 years ago and asks for his pension. There is some evidence of...

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Have you amended your pension plan?

The Pension Benefits Act (Ontario) was recently amended. In this communiqué, we briefly review those amendments. Continue reading Have you amended your pension plan?

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Plan administrators cannot “undo” negligent representation

It is well established from the case law that a pension plan administrator may be susceptible to legal claims where inaccurate or unclear information has been communicated to plan beneficiaries....

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Ministers agree on private sector pension plan

On Monday December 20, 2010, Finance Minister Jim Flaherty announced that the provinces, territories and the federal government came to an agreement during their meeting in Alberta to move ahead with a...

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Accounting Standards for Private Enterprises: what to do about defined...

Is your company making the transition to Accounting Standards for Private Enterprises (CICA Handbook, Part II)? Do you have employees in a defined benefit pension plan? You should know that the...

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