BPS Solvency Funding Relief Regulation Amended

On February 17, 2012, the Ontario government filed an amendment to O. Reg. 178/11 (Solvency Funding Relief For Certain Public Sector Pension Plans) under the Pension Benefits Act.

O. Reg. 12/12 prescribes those plans that have successfully applied for and, are receiving, solvency funding relief under O. Reg. 178/11.

The Regulation is now in force.

The details regarding solvency funding relief for public sector pension plans were first announced in February, 2011.

No comments yet

Start the discussion by using the form below

Post a comment

Fill out this form to add a comment to the discussion

About Us

Hicks Morley is Canada’s leading firm that exclusively represents management in all aspects of human resources law and advocacy. Established...

More

Subscribe

Subscribe Via RSS

Add this blog to your feeds or subscribe by email by entering your email address into the space below and clicking on Go