Québec Extends DB Plan Solvency Funding Relief

In 2009, the Québec government implemented funding relief measures for defined benefit pension plans that are due to expire the end of 2011. Due to the current economic conditions, the Québec government has decided to extend the temporary solvency relief until December 31, 2013.

Additional resources:
Pensions & Benefits Law- Osler, Hoskin & Harcourt