Funding of private-sector pension plans et al.
The funding rules described in this section apply to actuarial valuations after 30 December 2015.
Concerned plans
These rules apply to defined benefit pension plans subject to the
Supplemental Pension Plans Act (the
SPP Act). They do not apply to pension plans of the municipal and university sectors and other
plans covered by an exemption regulation. The rules therefore cover most pension plans in the private sector and in other sectors.
Multi-employer negotiated contribution pension plans
Other special funding rules apply to
multi-employer negotiated contribution pension plans.
Legal references
References