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ontario regulation 240/16

made under the

Pension Benefits Act

Made: June 22, 2016
Filed: June 24, 2016
Published on e-Laws: June 24, 2016
Printed in The Ontario Gazette: July 9, 2016

Amending Reg. 909 of R.R.O. 1990

(GENERAL)

1. Section 1.5 of Regulation 909 of the Revised Regulations of Ontario, 1990 is revoked and the following substituted:

1.5 The following are the agreements entered into by the Minister under section 100 of the Act concerning the pension benefits legislation that governs designated multi-jurisdictional pension plans in Ontario, and a statement indicating the date on which each agreement comes into effect in Ontario with respect to a specified designated jurisdiction:

1. The agreement entitled “Agreement respecting multi-jurisdictional pension plans”, signed by the Minister on May 9, 2011 and published in The Ontario Gazette on May 21, 2011,

i. comes into effect in Ontario on July 1, 2011 with respect to Quebec, and

ii. ceases to have effect in Ontario on July 1, 2016 with respect to Quebec; however, any matter related to a pension plan that was subject to the agreement on June 30, 2016, and that was still pending on that date before the Financial Services Commission of Ontario, Retraite Québec, an administrative body or a court continues to be subject to the requirements of the agreement.

2. The agreement entitled “2016 Agreement respecting multi-jurisdictional pension plans”, signed by the Minister on May 18, 2016 and published in The Ontario Gazette on June 4, 2016,

i. comes into effect in Ontario on July 1, 2016 with respect to British Columbia, Nova Scotia, Quebec and Saskatchewan.

Commencement

2. This Regulation comes into force on the later July 1, 2016 and the day it is filed.

 

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