Regulations amending application rules of the RPSO (order-in-council 376‑2011 and order-in council 377‑2011)

Following agreements with managers associations, two regulations amending application rules of the RPSO (order-in-council 376‑2011 and order-in council 377‑2011) came into force on April 6, 2011 and introduced significant changes in the pension plan.

Here are the main amendments:

• Increase of maximum service from 35 to 38 years
• Calculation of the pension paid under the excess benefit plan (EBP) of the RPSO

See the chart (order-in-council 376‑2011 and order-in council 377‑2011) .