Sentences with phrase «registered pension plans act»
On December 8, 2014, Bill 57, Pooled Registered Pension Plans Act, 2014, received first reading in the Ontario legislature to provide a legal framework for the establishment and administration of a voluntary type of pension plan called a pooled registered pension plan that is accessible to employees and self - employed persons and that pools the funds in members» accounts to achieve lower costs in relation to investment management and plan administration.
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On November 17, 2011, the federal government introduced Bill C - 25, the proposed Pooled Registered Pension Plans Act and making related amendments to other Acts in Parliament as a first step to implement the federal portion of the Pooled Registered Pension Plan (PRPP) framework that will particularly be applicable to small businesses and self - employed persons across Canada.
The Projected Order of Business mentions resumption of the debate over Bill C - 25, Pooled Registered Pension Plans Act.
Not exact matches
Here are the 9 key changes the new Act and Regulations make for all pension plans with NS members and for all NS registered pension plans effective June 1, 2015, and the 3 key changes that aren't in effect yet.
(2) Subsection (1) does not apply in respect of any benefit provided under a registered pension plan within the meaning of subsection 248 (1) of the Income Tax Act (Canada).
Regulations have been drafted and will soon be published to address provisions of An Act relating to pooled registered pension plans and making related amendments to other Acts (formerly Bill C - 25).
(4) Subsection (3) does not apply to a pension plan that is a successor of a pension plan registered under the Pension Benefits Act, being chapter 373 of the Revised Statutes of Ontario, 1980, that permitted such a redpension plan that is a successor of a pension plan registered under the Pension Benefits Act, being chapter 373 of the Revised Statutes of Ontario, 1980, that permitted such a redpension plan registered under the Pension Benefits Act, being chapter 373 of the Revised Statutes of Ontario, 1980, that permitted such a redPension Benefits Act, being chapter 373 of the Revised Statutes of Ontario, 1980, that permitted such a reduction.