Regulation - LGIC
Pension Benefits Act: Draft Regulation Exempting the Hamilton Street Railway Pension Plan (HSRPP) from the Application of the Pension Benefits Guarantee Fund
Regulation Number(s):
909
Instrument Type:
Regulation - LGIC
Bill or Act:
Pension Benefits Act
Summary of Decision:
Posted on e-Laws: https://www.ontario.ca/laws/regulation/r15395
Further Information:
This consultation draft is intended to facilitate dialogue concerning its contents.
Proposal Number:
15-MOF024
Posting Date:
October 13, 2015
Summary of Proposal:
The Ministry of Finance is seeking comments from stakeholders on a draft regulation that would amend Regulation 909 under the Pension Benefits Act.
The draft regulation would exempt the HSRPP from the application of the PBGF and related assessment on a go-forward basis, effective January 1, 2016.
The draft regulation would exempt the HSRPP from the application of the PBGF and related assessment on a go-forward basis, effective January 1, 2016.
Contact Address:
Heather Schramm
Senior Policy Consultant
Broader Public Sector Pensions Branch
Ministry of Finance
1st Floor, Frost Building South
7 Queen's Park Crescent
Toronto ON M7A 1Y7
Senior Policy Consultant
Broader Public Sector Pensions Branch
Ministry of Finance
1st Floor, Frost Building South
7 Queen's Park Crescent
Toronto ON M7A 1Y7
Effective Date:
January 1, 2016
Decision:
Approved