George & Bell Perspectives.

New B.C. Defined Benefit Funding Rules and Single Employer Target Benefit Plans

December 16, 2019. Category: Benefits, Legislation, Pension and Benefit Plans, Pension and Investment, Pension Plans. Comments Off on New B.C. Defined Benefit Funding Rules and Single Employer Target Benefit Plans.
Written by Greg Heise.

Last week the B.C. government announced new defined benefit (DB) plan funding rules that take effect December 31, 2019. Some might say that these changes have been long overdue given that the past regime’s heavy focus on solvency is a main cause of DB plans being less prevalent in the private sector. Read full entry