NB bulletins

Normandin Beaudry has updated its pension plan financial position index as at June 30, 2026, tracking defined benefit pension plans in Canada.

Every year on July 1, the Régie de l’assurance maladie du Québec (RAMQ) adjusts the rates for the public prescription drug insurance plan to take into account changes in plan costs.

The actuarial framework surrounding gender identity has recently evolved with the update to the Canadian Institute of Actuaries’ Standards of Practice (CIA Standards), which came into effect on April 1, 2026, and a clarification published by Retraite Québec on June 15, 2026. This change to the actuarial framework raises issues of particular interest to pension plan administrators, as well as to sponsors of post-retirement group benefits plans.

In their financial statements, many private-sector organizations must include the recognition of their obligations toward defined benefit pension plans (DB pension plans) and other post-employment benefit plans, such as medical care plans offered to retirees (other benefits).

The deadline to file annual statements is fast approaching for federally regulated organizations! Annual statements must be submitted by June 30th each year through the official Pay Equity Annual Statement Portal.

On May 6, 2026, the Canadian Institute of Actuaries (CIA) published an initial communication on the updated mortality assumptions used for calculating the commuted value of pension benefits for defined benefit pension plans, in accordance with Section 3530 of the Standards of Practice.

The federal government has recently introduced several regulatory changes that will have a direct impact on pension plans under its jurisdiction.

Normandin Beaudry has updated its pension plan financial position index as at March 31, 2026, tracking defined benefit pension plans in Canada.

The 2026 Ontario Budget: A Plan to Protect Ontario, introduces several important measures to enhance retirement income security, provide new options to pension plan members, increase flexibility and simplify pension plan administration.

The Quebec government tabled Budget 2026-2027 on March 18. Among the announced measures, it has expressed its intention to improve the Voluntary Retirement Savings Plan (VRSP).

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).

Explore the forces shaping the future of employee benefits across the globe.