Reports and Surveys | February 16, 2021
Funded Status of Model MEPP Returns to 2019 Level
During the last quarter (Q4) of 2020, the funded status of Segal’s model multi-employer pension plan (MEPP) increased to 94 percent, which reflects a 5 percent increase in assets and minimal change in liabilities.
In this issue of Direction we also cover investment highlights and information on employment level by industry.
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Alberta Amends Calculation of PfAD That Applies to TBPs
See the new PfAD calculation for Alberta target benefit plans, including 4 factors trustees should consider to determine the supplementary percentage.
Amendments to the Pension Benefits Standards Act and Regulations
Amendments to the Pension Benefits Standards Act are now in effect, including a new funding framework and funding and governance policy requirements.
3rd Consultation on a Permanent Framework for Ontario MEPPs
Multi-employer pension plans: Read our overview of the Ontario Ministry of Finance’s proposed new funding benefit framework and conversion process.
