WELCOME
This web site is meant to summarize our
legislative requirements, procedures and
policies on a general basis only. All persons
making use of this site are reminded that The
Pension Benefits Act and Regulation should be
consulted for specific legislative requirements.
The Pension Commission provides its clients
and stakeholders, through its internet site,
with written material which is designed to
enhance their understanding of The Pension
Benefits Act and regulations. The publications
listed on this site are also available through
the Pension Commission. Feel free to browse
through the various topics, and contact us with
any comments or suggestions you may have.
What's new
Update 33: Foster v. Foster
One-time or Prescribed Transfer of up to 50% of the balance in one or more Life Income Funds (LIFs)
or Locked-in Retirement Income Funds (LRIFs) to a Prescribed Registered Retirement Income Fund.
Update 32: One-time transfer of up to 50% of LIFs or LRIFs to a prescribed RRIF
Pension Benefits Regulation, Amendment 76/2005
Highlights of the Pension Benefits Amendment Act
Tables
Reference
Rate
Prescribed Annuity Factors
Interest Factors for Calculating Amounts
Eligible for Unlocking in LIRAs, LIFs and LRIFs
under Section 18.4 of the Regulation
Sample Calculations
LIRA/LIF/LRIF
Brochures
A quick reference regarding the legislative
requirements in respect to certain specific
sections of the legislation such as termination
of employment, breakup of a marriage or
common-law relationship, eligibility and
membership, pension laws, spousal benefits,
disclosure, the locked-in retirement account,
life income fund and the locked-in retirement
income fund.
Updates/Bulletins
Provide information, designed to enhance and
facilitate understanding of The Pension Benefits
Act and Regulation, to the pension industry,
plan sponsors, members of pension plans and the
general public on various areas of the
legislation.
Forms
A list of the prescribed forms required under
The Pension Benefits Act and Regulation.
LIRA/LIF/LRIF List
A list of the financial institutions that
have obtained approval from the Pension
Commission to offer LIRAs/LIFs/LRIFs, as an
alternative to the life annuity, to members of
employer-sponsored pension plans.
Canadian Association of Pension Supervisory
Authorities (CAPSA)
CAPSA is a national inter-jurisdictional
association of pension supervisory authorities
whose mission is to facilitate an efficient and
effective pension regulatory system in Canada.
It discusses pension regulatory issues of common
interest and develops policies to further the
simplification and harmonization of pension law
across Canada.
Pension Basics
Written material, which provides the pension
industry and plan sponsors with general
information about the Pension Commission, on how
to set up a pension plan, as well as the types
of pension plans available.
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