What's New in 2021

Publication of a draft Regulation respecting target-benefit pension plans

The draft Regulation to amend the Regulation respecting supplemental pension plans was published in the Gazette officielle du Québec on 22 September 2021. The proposed amendments to the Regulation take into account the characteristics of target-benefit pension plans and are related to actuarial reports and statements that are sent to members and beneficiaries.

Furthermore, certain provisions apply to defined-contribution pension plans, defined-benefit pension plans and negotiated-contribution plans.

Any person wishing to comment on the draft Regulation must submit written comments by 6 November 2021 to the address indicated on the notice of publication of the draft Regulation.

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