Alberta And British Columbia Introduce Solvency Funding Relief Measures.
Mondaq Business Briefing › Nbr. 2009, January 2009
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Law overview
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Alberta And British Columbia Introduce Solvency Funding Relief Measures.
In response to the current economic downturn, the Alberta and British Columbia governments have each recently implemented measures to respond to the significant financial pressures being faced by sponsors of defined benefit pension plans, albeit in different ways. Alberta
On February 18, 2009 the Alberta Employment Pension Plans Amendment Regulation, 2009 (A.R. 28/2009) came into force. The Regulation amends the regulations under the Alberta Employment Pension Plans Act to provide solvency funding relief for Alberta registered defined benefit plans. These reg...See the full content of this document
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