Compliance News | February 3, 2020
ASB Has Changed How Pension Plans Calculate Commuted Values
This Briefing looks at how pension plans calculate commuted values.
It covers:
- target pension arrangements
- non-target pension arrangements
- recalculating commuted value when payment is delayed
If you see anything in this issue that you’d like to discuss, contact us.
See more insights
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.
