Reports and Surveys | May 4, 2021
Model MEPP is now fully funded
During the first quarter (Q1) of 2021, the funded status of Segal’s model multi-employer pension plan (MEPP) increased to 103 percent, which reflects a 1 percent increase in assets and an 8 percent decrease in liabilities.
In this issue of Direction we also cover investment highlights and information on employment level by industry.
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Ontario's Permanent Framework for MEPPs
The Ontario Ministry of Finance has filed regulations for a target benefit framework for multi-employer pension plans (MEPPs) registered in Ontario.
Alberta Amends Calculation of PfAD That Applies to TBPs
See the new PfAD calculation for Alberta target benefit plans, including 4 factors trustees should consider to determine the supplementary percentage.
Amendments to the Pension Benefits Standards Act and Regulations
Amendments to the Pension Benefits Standards Act are now in effect, including a new funding framework and funding and governance policy requirements.
