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Searching Content indexed under Retirement, Superannuation & Pensions by McMillan LLP ordered by Published Date Descending.
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1
The 2018 Federal Budget: What Employers Should Know
On February 27, 2018, the Government of Canada released the 2018 Federal Budget. Among its action items are several notable employment law changes that will impact federally-regulated employers...
Canada
8 Mar 2018
2
Manage The Baby Boom Or Bust: Strategies For Dealing With Termination And Retirement Of The Aging Workforce
It's no secret that Canada's workforce is aging – rapidly. Statistics show that 24% of persons aged 65 to 70 are still working, which is an 11% increase from 2000.
Canada
4 Jul 2017
3
Boucher V. Ontario (Superintendent Of Financial Services) – Confirmation Of Limits On Entitlement To Commuted Pension Value
Boucher v. Ontario provides a helpful reminder and explanation of the limits placed by section 42 of the Pension Benefits Act on an employee's entitlements upon retirement and withdrawal from a pension plan.
Canada
29 Jun 2017
4
Ontario Eases Solvency Funding Requirements
In a quick follow-up to the measures announced in its 2017 Budget, and following consultations on pension solvency conducted in 2016, the Ontario government has announced proposed changes that will ease the burden on single-employer defined benefit pension plan sponsors.
Canada
24 May 2017
5
The 2017 Ontario Budget – Pensions and Benefits Play a Central Role
On April 27, 2017, the Government of Ontario put forward its 2017 Budget and introduced legislation – Bill 127, An Act to implement Budget measures and to enact and repeal various statutes – to implement the measures contained in the Budget.
Canada
11 May 2017
6
Office Of The Superintendent Of Financial Institutions Releases PRPP Filing Guide
The regulatory and governance regime surrounding pooled registered pension plans ("PRPP") continues to take shape.
Canada
4 Apr 2017
7
We've Overpaid, Now What? OLRB Confirms Employers' Obligations In Addressing Pension Overpayments
While the decision in Coco Paving Inc. may not be ground-breaking, it is a useful reminder for unionized employers that make contributions to jointly-sponsored plans.
Canada
7 Mar 2017
8
Update: Federal Pooled Registered Pension Plan Legislation Amended To Recognize Ontario Legislation
We published a bulletin last November advising that Ontario's Pooled Registered Pension Plans Act, 2015 and its Regulations had come into force.
Canada
19 Jan 2017
9
New Regulatory Authority For Pensions On Its Way
Bill 70, which received first reading on November 16, 2016, creates the structure for the FSRA.
Canada
5 Dec 2016
10
Ontario's Pooled Registered Pension Plans Act Takes Effect
On November 8, 2016, Ontario Pooled Registered Pension Plans Act, 2015 ("PRPP Act") and its regulations came into force. We previously commented on this anticipated legislation here.
Canada
5 Dec 2016
11
Speak Now: Consultation On Solvency Funding For Defined Benefit (DB) Pension Plans
In the 2016 provincial budget, the Government of Ontario launched a review of the current solvency funding regime for DB pension plans.
Canada
18 Aug 2016
12
Historic Pension Reform: Retiring Ontario's Pension Plan and Enhancing the Canada Pension Plan
Recently, Canada's finance minister and all of the provincial finance ministers, except for Quebec and Manitoba, announced their agreement in principle to enhance the Canada Pension Plan (CPP).
Canada
11 Jul 2016
13
An Employer's Guide To The Ontario Retirement Pension Plan (ORPP)
Faced with concerns that Ontarians are not saving enough to sustain a comparable standard of living in retirement, Ontario introduced the ORPP as a measure to fill the retirement savings gap.
Canada
8 Mar 2016
14
Employers: Be Proactive And Plan For The Ontario Retirement Pension Plan
As early as January 2017, employers and employees may be subject to the new Ontario Retirement Pension Plan.
Canada
21 Sep 2015
15
New Pension Investment And Disclosure Rules
Pension plan sponsors should take notice of recent changes to the rules respecting investment of plan assets and new member disclosure requirements.
Canada
1 May 2015
16
Budget 2015: RRIF Withdrawal Requirements Adjusted To Better Reflect Current Realities
As widely predicted, Budget 2015 proposes to reduce the amount that annuitants are required to withdraw from a Registered Retirement Income Fund ("RRIF") in 2015 and subsequent taxation years.
Canada
29 Apr 2015
17
Ontario Pension Legislation: Alphabet Soup Comes To Queen's Park
Even though many decide that December is the time to focus on holiday festivities and other matters, Ontario legislators have been busy in early December on various initiatives, including new pension legislation.
Canada
19 Dec 2014
18
Supreme Court Of Canada Finds Mandatory Retirement Lawful In Professional Partnerships
The Supreme Court of Canada has upheld a law firm partnership's mandatory retirement policy in McCormick v. Fasken Martineau DuMoulin LLP, 2014 SCC 39. In doing so the Court found that the partner was not an "employee" entitled to age discrimination protection under the British Columbia Human Rights Code (the "Code").
Canada
25 May 2014
19
Don't Deduct The "Nest Egg": The Supreme Court Of Canada Upholds No Deduction Of Pension Benefits From Wrongful Dismissal Awards
It is well established that employees in Canada who are terminated without cause are entitled to reasonable notice or severance in lieu.
Canada
21 Feb 2014
20
Don't Deduct The "Nest Egg": The Supreme Court Of Canada Upholds No Deduction Of Pension Benefits From Wrongful Dismissal Awards
It is well established that employees in Canada who are terminated without cause are entitled to reasonable notice or severance in lieu.
Canada
13 Jan 2014
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