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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 />

Conclusion<br />

• While many practices have not changed there are some areas that<br />

we need to pay attention to (i.e. member statement requirements)<br />

• Only two jurisdictions have adopted but many others are poised to do<br />

so<br />

• Will be a challenge for multi-jurisdictional pension plans during<br />

transition<br />

• AIR membership accuracy becomes even more important going<br />

forward – expect AIR forms to change in the future<br />

30<br />

2012 <strong>Ontario</strong> <strong>Pension</strong> Changes

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