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 …
Supreme Court Reaches Decision in ICBA Case
On July 3, 2018, the Supreme Court of British Columbia completed its judicial review of a prior decision by the Information and Privacy Commissioner of B.C. to release certain information to the Independent Contractors and …
Target Benefit Plans: Use of Surplus
On August 12th last year, we posted an article on our blog “New Funding Rules for Target Benefit Plans”, in which we reviewed the new funding rules that will apply to the collectively-bargained multi-employer pension …
New Funding Rules for Target Benefit Plans
Trustees of multiemployer pension plans have waited a long time for new pension funding rules. The new B.C. Pension Benefits Standards Regulation, released in May, puts the 2012 B.C. Pension Benefits Standards Act rules into …
Summary of Bill C-377
On June 30, 2015, Bill C-377 received royal assent from the Senate. The attached memo discusses the potential impact this new legislation will have when regulations come into force. Summary of Bill C-377