Ontario Pension Reform: Time to Amend Your Pension Plan? - May 2010
Date:
May 12 2010
It’s official: the Ontario government has voted to amend the Ontario Pension Benefits Act (PBA). This represents the biggest overhaul of Ontario’s pension legislation in more than twenty years.
On May 5, 2010, the amendments to the PBA were passed on third reading in the Ontario legislature (the most recent on-line version of Bill 236 – An Act to amend the Pension Benefits Act). As of May 6, 2010, these changes have not received royal assent. We expect that the necessary government assents and proclamations to make these amendments law will be forthcoming.
Published by Martindale and Monadaq.
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