The impact of recent Ontario Pension Benefit Act changes
The impact of recent Ontario Pension Benefit Act changes
The impact of recent Ontario Pension Benefit Act changes
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November 21, 2012<br />
CAPSA activity (cont)<br />
• PAs to disclosure if the plan will provide an adequate retirement<br />
income in conjunction with govt benefits in the form <strong>of</strong> a targeted<br />
pension for each member<br />
• PAs should provide members with information to assist them in<br />
making informed decisions in both the accumulation and payout<br />
phases<br />
PAs may already voluntarily provide support to members in some way<br />
BUT DC plan sponsors should be concerned about what the finalized<br />
guideline looks like<br />
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