Pensions and Benefits
Employer liability relating to fees in employer-sponsored retirement and savings plans
Employers who sponsor retirement and savings plans for their employees should ensure that the fees paid by their employees within […]
Ontario pension plan sponsors: it’s time to look at your SIPPs
Employers that provide registered pension plans to their Ontario employees should review their Statement of Investment Policies and Procedures (“SIPPs”) […]
Fight over reduction of GM retiree benefits not over
General Motors of Canada suffered a blow this summer when an Ontario court held that GM was not entitled to […]
Obligations to Pensioners in an Insolvency: Supreme Court Clarifies the Law
The Supreme Court of Canada overturned the Ontario Court of Appeal today in what is one of the most highly-anticipated […]
Terminated Employee who signed Release Still Entitled to Accumulated Sick Leave Benefits
Employers are often concerned about whether terminated employees can claim entitlement to accumulated sick leave credits. This case shows how […]
Division of Pensions on Marriage Breakdown: New Rules
Significant changes came into effect on January 1, 2012, regarding the treatment of pension benefits of Ontario members who go […]
Pension Benefit Statements: New Rules
Recent Ontario pension reforms have created additional disclosure statement obligations that administrators should consider when they work with their third-party […]
New Expanded Rights of Pension Plan Members Regarding Advisory Committees
Ontario pension law has always permitted active members, deferred vested members and retired members of a pension plan to establish […]
Superintendent’s Power to Order a Pension Plan to be Wound Up: New Rules
Effective July 1, 2012, the Ontario Superintendent of Financial Services’ powers to order the wind-up of a pension plan has […]
Extension of Grow-in Benefits – The Rules have Changed
Plan sponsors with certain types of defined benefit pension (DB) plans must familiarize themselves with the new grow-in rules which […]
Cashing-out of Small Pension Benefits: The Rules have Changed
The rules for cashing-out or “unlocking” small pension benefit amounts have been overhauled. Effective July 1, 2012, it will be a […]