The Segal Group summarizes and analyzes important compliance news affecting benefit plans in a publication called Briefing.
On April 5, 2018, Ontario’s Ministry of Finance released a proposed funding framework for target benefit multi-employer plans (TB MEPPs). The proposal addresses:
The proposed changes would apply to newly established TB MEPPs and multi-employer pension plans that choose to convert to a TB MEPP.
A public consultation period will end on May 4, 2018.
Our latest Briefing summarizes the guidance.
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