![]() | Ontario Proposes Solvency Funding Relief |
December-17-2008
Lawyer | Gale Rubenstein |
Area | Pensions |
Summary
The Ontario Government announced yesterday its intention to introduce legislation to provide temporary solvency funding relief for pension plans affected by the market turmoil this year. The proposed legislation would be introduced in the spring, and if approved, the changes would be retroactive to September 30, 2008.