Ontario’s expert commission on pensions has released a discussion paper that raises a number of issues.
Much of the paper concerns issues listed in the commission’s detailed mandate, such as employee defined benefit(DB)plans offered by employers. These are issues concerning which the commission must and will make recommendations.
A second set of issues has to do with the social and economic environment in which pension plans operate, and with the principles which the commission has been asked to follow.
And a third group of issues—including regulating the pension system, the Pension Benefits Guarantee Fund, ensuring solvency in a volatile economy—are raised for discussion not because they fall directly within the commission’s mandate, but because they are known to be of great concern to people who think about pension policy and work with pension plans.
The commission intends to launch a program of research, to consult directly with major stakeholder and professional organizations, and to hold public hearings across the province this fall.
To read the discussion paper, click here.
For the story, Reaction to pension commission positive, click here.
To read Ontario sets up pension commission, click here.
To comment on this story email craig.sebastiano@rci.rogers.com.