NB Bulletin Vol. 17 N. 8, September 2014NB Bulletin Vol 17 N. 7, July 2014NB bulletin Vol. 17 N. 5, May 2014 Residual benefits due to pension plan insolvencyNB bulletin Vol. 17 N. 4, May 2014
On April 30, 2014, the Régie des rentes du Québec (the “Régie”) issued a Newsletter Express on the amounts payable following the settlement of benefits under a partially solvent defined benefit pension plan. This document confirms a change in the interpretation of rules that could have financial impacts for plan sponsors.
Comply to make Ontario more accessible for persons with disabilitiesNB bulletin Vol. 17 N. 3, March 2014NB Bulletin Vol. 15 N. 7, June 2012
In 2005, the Ontario government enacted the Accessibility for Ontarians with Disabilities Act, which aims to eliminate barriers that persons with physical or psychological limitations may face. This Act includes different standards that employers must comply with to create accessible workplaces that allow employees with disabilities to reach their full potential.
Prescription Drug Insurance: RAMQ Position UpdateNB Bulletin Vol. 15 N. 6, April 2012NB Bulletin Vol. 15 N. 5, February 2012
The document entitled Info assurance médicaments and published on the website of the Régie de l’assurance maladie du Québec (RAMQ) presents the RAMQ’s positions on various topics related to Quebec’s Act respecting prescription drug insurance (hereinafter called “the Act”) and on the administration of private drug insurance plans. The RAMQ recently updated this document.
Tax credit for medical expensesNB Bulletin Vol. 15 N. 4, February 2012
Subject to certain eligibility criteria, a tax credit of between 4% and 20% of the incurred expenses can be granted to the taxpayer(1).
Proposed amendments to accounting standards applicable to employee future benefitsNB Bulletin Vol. 15 N. 3, January 2012
Private enterprises that only recently transitioned to new Canadian accounting standards already need to anticipate the impact of other amendments for employee future benefits that could be introduced in the near future. Private sector not-for-profit organizations are also preparing to adopt the new Canadian standards and must already consider the impact of future amendments to these standards.
Infrastructure Bonds: Why Consider Them?NB Bulletin Vol. 14 N. 12, December 2011NB bulletins
Pension funds are now—more than ever—looking for secure, long-term assets that produce a high steady rate of income. For several years now, bonds related to infrastructure projects, particularly those structured as public-private partnerships (PPPs), have become increasingly popular and have taken on a growing position in bond indexes. For some organizations, certain values or ideologies might render these investments inappropriate. However, they have characteristics that meet the needs of many pension funds to manage their mismatch risk and some institutional managers have set up funds dedicated to infrastructure debt.