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Group benefits Pension plans

Canadian Public Sector Accounting Standards: Publication of Section PS 3251 Employee Benefits

The CPA Canada Public Sector Accounting Handbook was updated in March 2026 to incorporate the new Section PS 3251 Employee Benefits, the new standard on employee benefits applicable to Canadian public sector entities. This standard will replace Sections PS 3250 (Retirement Benefits) and PS 3255 (Post‑employment Benefits, Compensated Absences and Termination Benefits).

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Pension plans

Ontario Pension Plans – 2025 Overview

Over 2025, we have closely followed developments related to Ontario pension plans, particularly those involving the Financial Services Regulatory Authority of Ontario (FSRA) and Ontario’s Ministry of Finance. Below is an overview of publications and FSRA activities throughout 2025.

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Pension plans

Adoption of regulations for the implementation of dynamic pensions in Quebec

On December 17, 2025, the Quebec government adopted the Regulation to amend the Regulation respecting supplemental pension plans and the Regulation to amend the Regulation respecting voluntary retirement savings plans. The purpose of these regulations is to allow defined contribution plans and voluntary retirement savings plans (VRSPs) to implement dynamic pension funds, also known as variable payment life annuities (VPLAs).

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Group benefits Pension plans

2026 key social security parameters

Our specialists prepared a reference guide with the key social security parameters for 2026. This quick and easy-to-use document is your reference for public pension plans and other retirement plans. Feel free to add the web page to your bookmarks!

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