Canadian Pension Reform—British Columbia

Bills

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

Government Resources

• 2020 Agreement Respecting Multi-Jurisdictional Pension Plans, BC Financial Services Authority, June 1, 2020
• Frequently Asked Questions – Pension Benefits Standards Act, BC Financial Institutions Commission, December 2, 2019
• 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

News/Analysis

• An Early Christmas Present for Target Benefit Pension Plans in BC, PBI Actuarial, January, 2021
• British Columbia's pension funding reform, Eckler, January 17, 2020
• British Columbia adopts DB funding reform and introduces single employer target benefit plans, Morneau Shepell, January 17, 2020
• B.C.’s DB pension solvency changes to take effect Dec. 31, Benefits Canada, December 23, 2019
• BC funding reform and single employer target benefit plans, Willis Towers Watson, December 19, 2019
• British Columbia pension funding reform proposals, Morneau Shepell, September 25, 2019
• 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