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

• Sections 146.16 to 146.19 of the SPP Act  

References

• Chapter X of the SPP Act
• Regulation providing new relief measures for the funding of solvency deficiencies of pension plans in the private sector
• Private-sector pension plans et al.
• Newsletter number 31 : Amendments to the Supplemental Pension Plans Act effective 1 January 2016