July 2014 Bulletin, "Pension Initiatives in the 2014 Ontario Budget"

The Ontario government recently reintroduced its 2014 budget, which contains a number of proposed pension initiatives. This Bulletin provides an overview of those initiatives, which include the following:

  • Target Benefit Plan consultations,
  • Conversion to a Jointly Sponsored Pension Plan,
  • Exemption from annual actuarial valuation filing rules for Specified Ontario Multi-Employer Pension Plans,
  • Contribution holidays and accelerated funding of benefit improvements,
  • Pooled Registered Pension Plans, and
  • Ontario Retirement Pension Plan.

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