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ARTICLE · 20 DECEMBER 2010

2010: The Year in Review - Recent Developments in Pension Law

Borden Ladner Gervais LLP
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The past year has been a busy one for courts and legislators considering pension law in Canada. Significant reforms to pension legislation have taken place in various jurisdictions, and there have also been a number of important developments in the case law.

CanadaEmployment and HR
Michelle Henry
Michelle Henry
Sharon Silbert
Sharon Silbert
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The past year has been a busy one for courts and legislators considering pension law in Canada. Significant reforms to pension legislation have taken place in various jurisdictions, and there have also been a number of important developments in the case law.

ACTION ITEMS FOR PLAN SPONSORS AND PLAN ADMINISTRATORS

As a result of the recent changes to Canadian pension law, many Canadian pension plans will need to have their plan texts reviewed and amended, including plans with members in "included employment" subject to federal pension legislation, plans with members in Ontario, and plans with members in Manitoba.

Certain plans will also need to review their statements of investment policies and procedures to take into account the recent changes to the federal pension investment rules, discussed below.

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