Canadian Pension Reform—British Columbia

Bills

Bill 13
Pooled Registered Pension Plans Amendment Act (James)
Received Royal Assent November 2, 2017

Government Resources

• A Review of the Solvency Funding Framework under the Pension Benefits Standards Act: A Consultation Paper, British Columbia Ministry of Finance, October 2018 
• Canada Pension Plan — Results [engagement website], British Columbia Ministry of Finance, January 18, 2017

• Canada Pension Plan Engagement Project - Public Feedback Analysis Report, October 3, 2016
• British Columbia signs PRPP Agreement, Financial Institutions Commission, June 2016
• Frequently Asked Questions – Pension Benefits Standards Act, BC Financial Institutions Commission, October 22, 2015
• New pension standards provide greater flexibility, security, September 29, 2015
• New Pension Legislation Proclaimed, BC Financial Institutions Commission, May 2015

News/Analysis

• Temporary solvency relief for defined benefit plans registered in British Columbia, Willis Towers Watson, March 8, 2019
• BC issues consultation paper on solvency funding reform, Morneau Shepell, November 14, 2018
• British Columbia releases consultation paper on solvency funding reform for defined benefit pension plans, Willis Towers Watson, November 5, 2018
• B.C. government doing little to solicit feedback on CPP enhancement, Benefits Canada, August 11, 2016
• Canada and four provinces sign PRPP agreement, Benefits Canada, June 27, 2016
• BC government enables smaller employers to give employees pension plans, McCarthy Tétrault, May 26, 2016
• Is your pension plan compliant with B.C.’s new PBSA? Benefits Canada, November 6, 2015
• B.C. introduces new pension standards, Benefits Canada, September 29, 2015
• Target Benefit Plans Go West, Osler, Hoskin & Harcourt, July 15, 2015
• Solvency Reserve Accounts (Part III) – “Oh and One More Thing…Payment of Benefits and Expenses” Osler, Hoskin & Harcourt, June 22, 2015
• BC Pension Reform Effective on September 30, 2015, Towers Watson, June 2, 2015
• Solvency Reserve Accounts – Further Considerations for Alberta and BC Plans (Part II), Osler, Hoskin & Harcourt, April 28, 2015
• Solvency Reserve Accounts – Further Considerations for Alberta and BC Plans (Part I), Osler, Hoskin & Harcourt, April 23, 2015