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ARTICLE · 02 MAY 2020

Pension Plan Regulatory Relief And COVID-19 Relief Measures: A Summary

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Over the last month, we have published a number of posts on the relief measures announced for administrators and sponsors of registered pension plans in Canada in response to the COVID-19 crisis.

CanadaCoronavirus (COVID-19)

Over the last month, we have published a number of posts on the relief measures announced for administrators and sponsors of registered pension plans in Canada in response to the COVID-19 crisis. As there have been a number of measures announced by pension regulators across the country, we thought it would be helpful to highlight the measures in one document. We have also included links to the applicable government announcements.

In this summary update, we have added highlights of additional guidance published by the Ontario and British Columbia pension regulators on April 24, 2020. The updates are identified below as "New."

Federal

Deadline Extensions

On March 27, 2020, the Office of the Superintendent of Financial Institutions ("OSFI") announced a number of filing deadline extensions for administrators of federally regulated private pension plans, including the following:

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