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ARTICLE · 30 JULY 2014

Pension Reform In Alberta – New Legislation In Effect September 1, 2014

Lawson Lundell LLP
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On July 22, 2014 the Government of Alberta approved the much anticipated regulations (the "Regulations") to accompany the new Employment Pension Plans Act (the "New Act"). The New Act, together with the Regulations, will come into force on September 1, 2014.

CanadaEmployment and HR
Lawson Lundell LLP
Lawson Lundell LLP
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On July 22, 2014 the Government of Alberta approved the much anticipated regulations (the "Regulations") to accompany the new Employment Pension Plans Act (the "New Act"). The New Act, together with the Regulations, will come into force on September 1, 2014.

The focus of the New Act is on facilitating new plan designs and on modernizing plan governance, risk management and disclosure. Pension plan sponsors and administrators will have to be fully familiar with the legal requirements of the New Act and Regulations, including any timelines for compliance.

In the coming weeks, we will provide additional commentary and analysis of the New Act and Regulations by way of written material and in-person presentations. This Bulletin is designed to provide a high level overview of the changes being implemented by the New Act with details now provided through the release of the Regulations.

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