Nova Scotia proposes regulatory changes to improve pension plan funding
Nova Scotia releases paper on improved funding for pension plans
Special Notice – May 24, 2019
On May 10, 2019, the government of Nova Scotia released a paper titled “Improved Funding Framework for Nova Scotia Pension Plans – The Road Forward” (the Paper). The Paper provides an overview of proposed regulatory changes, changes to the funding framework for Defined Benefit (DB) pension plans, and general pension reform, and requests input on technical issues identified as potential obstacles to regulatory reform.
This Special Notice provides an overview of the topics in the Paper that will be of interest to pension stakeholders.