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Effective January 1, 2015, the Ontario Pension Benefits Act (“PBA”) was amended to require plan administrators to provide information statements to all former and retired members every two years. Administrators of plans registered with the Financial Services Commission of Ontario...
Clear and concise drafting are key to the administration of any pension or benefit plan. In this post, we review two recent cases which highlight the challenges employers may face when plan terms are not clear. Ontario Superintendent of Financial...
On April 11, 2019, the Ontario government released its 2019 Budget: Protecting What Matters Most (the “2019 Budget”) and introduced for first reading the related Bill, Bill 100, Protecting What Matters Most Act (Budget Measures), 2019 (“Bill 100”). There were...
On March 19, 2019, the Canadian government released its 2019 Federal Budget: Investing in the Middle Class (the “2019 Budget”). There are a number of provisions related to pensions and benefits in the 2019 Budget. In this post, we highlight...
OHIP+: Reduction in Coverage As discussed in an earlier post, effective January 1, 2018, the Ontario liberal government introduced OHIP+. OHIP+ is a program that covers the cost of more than 4400 drug products under the Ontario Drug Program for...
As mentioned in our February 5th blog post, the Canadian Association of Pension Supervisory Authorities (“CAPSA”) recently published a status update on a number of guidelines. In the update, CAPSA indicated that Guideline No. 8 – Defined Contribution Pension Plans Guideline...
Welcome to the first A.M. Pension blog post of 2019. In this post, we highlight some of the key legislative and regulatory developments in the area of pensions and benefits law in January 2019. Federal: Canada Pension Plan Effective January...
As discussed at our last A.M. Pension Webinar on December 11, 2018, there have been a number of significant legislative and case-law developments in the area of pensions and benefits law in 2018. In Part I of a two-part blog...
There have been a number of significant legislative and case-law developments in the area of pensions and benefits law in 2018. In Part I of a two-part blog post, we highlight some of the key legislative developments in Ontario and...
As we discussed in our April post entitled “FSCO Targeted Reviews,” in late 2017, the Ontario pension regulator, the Financial Services Commission of Ontario (“FSCO”), announced that it was undertaking a series of “targeted reviews” of selected pension plans. FSCO recently...
The blog sets out a variety of materials relating to the law to be used for educational and non-commercial purposes only; the author(s) of the blog do not intend the blog to be a source of legal advice. Please retain and seek the advice of a lawyer and use your own good judgement before choosing to act on any information included in the blog. If you choose to rely on the materials, you do so entirely at your own risk.
