Canadian Pension Reform—Québec

Bills    

42nd Legislature, 1st Session (November 27, 2018 - )

Bill 38
An Act amending certain Acts establishing public sector pension plans (Dubé)
Received Assent November 14, 2019   

Bill 68
An Act mainly to allow the establishment of target benefit pension plans (Girard)
Received Assent December 11, 2020 

41st Legislature, 1st Session (May 20, 2014 - August 23, 2018)

Bill 149
An Act to enhance the Québec Pension Plan and to amend various retirement-related legislative provisions (Leitão)
Received Assent February 22, 2018

Government Resources

News/Analysis

• Quebec’s target-benefit plan, a new concept? Eckler, May 2021
• Target Benefit Pension Plans: A New Option for Quebec Employers and Employees, Blakes, December 21, 2020
• Québec draft legislation to allow target benefit pension plans, Willis Towers Watson, November 30, 2020
• Quebec Moves Forward with New Supplemental Pension Plan, Blakes, October 23, 2020
• Changes to pension plan funding rules: Quebec releases its final regulation, Eckler, December 17, 2019
• Quebec to introduce bill allowing target-benefit pension plans, Benefits Canada, November 11, 2019
• Québec amends the funding rules for defined benefit multi-jurisdictional pension plans, Willis Towers Watson, April 23, 2019
• Funding policy implementation for defined benefit pension plans registered in Quebec, Morneau Shepell, August 2018
• Just 17% of employers starting plans for CPP, QPP changes, Benefits Canada, April 18, 2018
• Quebec Passes Legislation to Mirror CPP Enhancements and Makes Changes to its Pension Legislation, Hicks Morley, March 23, 2018
• Enhancements to the Quebec Pension Plan - Adoption of Bill 149, Willis Towers Watson, February 28, 2018

• Quebec: Details on QPP expansion and other rules for supplemental plans, Morneau Shepell, November 2, 2017
• New DB pension proposals in Quebec, Ontario tackle annuity purchases, Benefits Canada, August 24, 2017
• Quebec: New rules for member-funded pension plans, Morneau Shepell, May 2017
• A look at Quebec’s pension solvency changes one year on, Benefits Canada, February 21, 2017
• Sounding Board: Expansion of QPP necessary for future of Canada’s retirement system, Benefits Canada, January 30, 2017

• Canada and four provinces sign PRPP agreement, Benefits Canada, June 27, 2016
• Funding of Québec Pension Plans: Draft Regulation With Respect to Bill No. 57, Aon Hewitt, April 7, 2016
• Quebec shakes up pension landscape with shift to going-concern funding, Benefits Canada, February 22, 2016