Canadian Pension Reform—Nova Scotia

Bills

Bill 109
An Act to Amend Chapter 41 of the Acts of 2011, the Pension Benefits Act (Casey)
Received Royal Assent April 12, 2019

Government Resources       

• Amendments to Act Bring Flexibility to Managing Pension Plans, Finance and Treasury Board, March 12, 2019
• Pooled Registered Pension Plans Available to Help Save for Future, Finance and Treasury Board, August 25, 2016
• Pooled Registered Pension Plans [website], Finance and Treasury Board; PRPP Act proclaimed in force and effective May 4, 2016

News/Analysis

• N.S. moving forward with new DB pension solvency regime, Benefits Canada, May 28, 2019
• Nova Scotia Bill 109 introduced DB funding reforms and discharge for buy-out annuities, Morneau Shepell, April 2019
• Nova Scotia proposes measures to bolster defined-benefit pension plans, CBC, March 12, 2019
• Target benefit plans continue to gain traction, Osler, February 13, 2018
• N.S. looking at changes to DB pension funding framework, target-benefit plans, Benefits Canada, September 11, 2017
• NS Dives into Pooled Registered Pension Plans (PRPP), McInnes Cooper, June 30, 2016
• Canada and four provinces sign PRPP agreement, Benefits Canada, June 27, 2016