2020 Agreement Respecting Multi-Jurisdictional Pension Plans

The agreement was signed between the governments of Québec, Alberta, British Columbia, New Brunswick, Nova Scotia, Ontario, Saskatchewan and the Canadian federal government. It applies to pension plans that fall under one of the supervisory authorities of one of those provinces or the federal government and that have members and beneficiaries subject to the Act of one or more of those governments. The agreement will come into force on 1 July 2020.

The agreement replaces, for the governments party to it, both:

  • the Memorandum of Reciprocal Agreement, which had applied since 1968 to pension plans whose members' benefits had been governed by the laws of the concerned supervisory authorities, and all similar agreements; and
  • the 2016 Agreement Respecting Multi-Jurisdictional Pension Plans, signed by the governments of Québec, British Columbia, Nova Scotia, Ontario and Saskatchewan.

See the 2020 Agreement and other related documents on the website of the Canadian Association of Pension Supervisory Authorities (CAPSA) This link will open in a new window..

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