The federal and Ontario pension regulators are adjusting their
policies by addressing plan administration issues arising from the
COVID-19 crisis. With these adjustments, the regulators are
protecting the interests of pension plan members and assisting plan
administrators in complying with regulatory requirements.
This is relevant to you if your organization has a pension plan
registered with the Office of Superintendent of Financial
Institutions of Canada or the Financial Services Regulatory
Authority of Ontario (formerly the Financial Services Commission of
Ontario). The pension regulators of other provinces have not yet
issued any guidance specific to COVID-19.
Office of the Superintendent of Financial Institutions of
Canada