Canada Revenue Agency – Benefits Canada.com https://www.benefitscanada.com Canada's most influential pension and benefits publication for decision-makers Fri, 22 Nov 2024 15:35:02 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 Considerations for DC plan sponsors before suspending employer contributions https://www.benefitscanada.com/canadian-investment-review/dc-investments/considerations-for-dc-pension-plans-before-waiving-1-minimum-contribution-requirement/ https://www.benefitscanada.com/canadian-investment-review/dc-investments/considerations-for-dc-pension-plans-before-waiving-1-minimum-contribution-requirement/#respond Mon, 11 May 2020 06:57:17 +0000 https://cumulus.benefitscanada.com/uncategorized/considerations-for-dc-pension-plans-before-waiving-1-minimum-contribution-requirement/ The Canada Revenue Agency is waiving the minimum one per cent employer contribution requirement for defined contribution pension plans for the rest of 2020. To take advantage of the contribution relief, employers must amend their DC plans to suspend accruals for the year, meaning no employer or employee contributions can be made. Further, DC plan […]

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