The 2020 Agreement Respecting
Multi-Jurisdictional Pension Plans (2020 Agreement)
between the governments indicated below came into effect on
July 1, 2020. It governs the administration and regulation of
multi-jurisdictional pension plans, which are plans that have
members in more than one jurisdiction.
The 2020 Agreement applies to pension plans that fall under
the jurisdiction of any one of the respective pension supervisory
authorities of Quebec, Alberta, British Columbia,
New Brunswick, Nova Scotia, Ontario, Saskatchewan and
Canada, and that have members who are subject to the legislation of
more than one of these jurisdictions.
The 2020 Agreement replaces (i) the 2016 Agreement
Respecting Multi-Jurisdictional Pension Plans
(2016 Agreement), which was signed by the governments of
British Columbia, Nova Scotia, Ontario, Québec and
Saskatchewan in 2016; (ii) the earlier 1968 reciprocal agreement
signed between all provinces, except
Prince Edward Island; and