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ARTICLE · 09 MAY 2013

Highlights Of The D'Amours Report

Blake, Cassels & Graydon LLP
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The Government of Quebec gave an expert committee the mandate to study supplemental pension plans in Quebec.

CanadaEmployment and HR

Highlights Of The D'Amours Report

The Government of Quebec gave an expert committee the mandate to study supplemental pension plans in Quebec. On April 17, 2013, the D'Amours Committee (the Committee) published its report entitled Innovating for a Sustainable Retirement System.

The report provides 21 recommendations divided into three series: the longevity pension, the amendments to be made to legislative frameworks governing defined benefit (DB) pension plans and personal savings. Following are highlights of the report.

1. Creation and implementation of a longevity pension

  • The Committee proposed the introduction, over a five-year period, of a new public plan that would be mandatory for all workers.

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